22 Regulated activities and Gibraltar
Financial Services Act 2021 (2021 c 22) | Legislation

Access to financial services markets

22  Regulated activities and Gibraltar

(1)     Part 3 of the Financial Services and Markets Act 2000 (authorisation and exemption) is amended in accordance with subsections (2) to (4).

(2)     In section 31(1) (authorised persons), after paragraph (a) insert—

“(aa)     a Gibraltar-based person who has a Schedule 2A permission to carry on one or more regulated activities;”.

(3)     After section 32 insert—

“32A Gibraltar-based persons

(1)     The Treasury must, for each reporting period, prepare a report about the operation of Schedule 2A during the period.

(2)     The report must, among other things, consider whether the conditions in paragraphs 7, 8 and 9 of Schedule 2A continue to

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