Regulated activities: accepting deposits | Practical Law

Regulated activities: accepting deposits | Practical Law

Accepting deposits is a regulated activity under article 5 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) (RAO). This note identifies the key issues to be considered when determining whether a person is carrying on this activity, including applicable exclusions and exemptions.

Regulated activities: accepting deposits

Practical Law UK Practice Note 0-201-9875 (Approx. 19 pages)

Regulated activities: accepting deposits

MaintainedUnited Kingdom
Accepting deposits is a regulated activity under article 5 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) (RAO). This note identifies the key issues to be considered when determining whether a person is carrying on this activity, including applicable exclusions and exemptions.