SCHEDULE 6 Gibraltar-Based Persons Carrying on Activities in the UK
Financial Services Act 2021 (2021 c 22) | Legislation

SCHEDULE 6 Gibraltar-Based Persons Carrying on Activities in the UK

Section 22

After Schedule 2 to the Financial Services and Markets Act 2000 insert—

“SCHEDULE 2A
Gibraltar-Based Persons Carrying on Activities in the UK
Section 31
Part 1
Interpretation etc

Gibraltar-based person

1

(1)     In this Act, “Gibraltar-based person†means a person listed in sub-paragraph (2) which has its head office and, if it has one, its registered office in Gibraltar (and see also Part 14 of this Schedule).

(2)     Those persons are—

(a)     an individual,

(b)     a body corporate,

(c)     a partnership, or

(d)     an unincorporated association.

Regulators

2

(1)     In this Schedule—

“the Gibraltar regulator†means the Gibraltar Financial Services Commission;

“UK regulator†means the FCA or the PRA.

(2)     The Treasury may by regulations amend the definition of “the Gibraltar regulator†if they consider it appropriate to do so in consequence of a change in the law of Gibraltar.

Activities and branches

3

(1)     In this Schedule, “approved activity†means a regulated activity for the time being approved by regulations under paragraph 5.

(2)     For the purposes of this Schedule—

(a)     “corresponding activity†means an activity corresponding to an approved

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