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You are viewing the version of the document as on 2023-12-08.

controlled activity

(in accordance with section 21(9) of the Act (The classes of activity and investment)) any of the following activities specified in Part 1 of Schedule 1 to the Financial Promotions Order (Controlled Activities):

  1. (a) accepting deposits (paragraph 1)
  2. (b) effecting contracts of insurance (paragraph 2(1)):
  3. (c) carrying out contracts of insurance (paragraph 2(2));
  4. (d) dealing in securities, qualifying cryptoassets 273 and contractually based investments as principal or agent (paragraph 3(1));
  5. (e) arranging (bringing about) deals in investments267 (paragraph 4(1));
  6. (f) making arrangements with a view to transactions in investments267 (paragraph 4(2));
  7. (fa) operating a multilateral trading facility (paragraph 4A);
  8. 157(fab) credit broking (paragraph 4B);
  9. 157(fac) operating an electronic system in relation to lending (paragraph 4C);
  10. (g) managing investments267 (paragraph 5);
  11. 157(ga) debt adjusting (paragraph 5A);
  12. 157(gb) debt-counselling (paragraph 5B);
  13. (h) safeguarding and administering investments (paragraph 6);
  14. 191(i) advising on investments (except P2P agreements)267 (paragraph 7(1));
  15. (ia) advising on P2P agreements (paragraph 7(2));191
  16. (j) advising on syndicate participation at Lloyd's (paragraph 8);
  17. (k) providing funeral plan contracts (paragraph 9);
  18. (l) providing qualifying credit (paragraph 10);
  19. (m) arranging qualifying credit etc. (paragraph 10A);
  20. (n) advising on qualifying credit etc. (paragraph 10B);
  21. 157(na) providing relevant consumer credit (paragraph 10BA);
  22. 157(nb) providing consumer hire (paragraph 10BB);
  23. (o) entering into a home purchase plan (paragraph 10C);
  24. (p) making arrangements with a view to a home purchase plan (paragraph 10D);
  25. (q) advising on a home purchase plan (paragraph 10E);
  26. (r) entering into a home reversion plan (paragraph 10F);
  27. (s) making arrangements with a view to a home reversion plan (paragraph 10G);
  28. (t) advising on a home reversion plan (paragraph 10H);
  29. (u) agreeing to carry on specified kinds of activity (paragraph 11) which are specified in paragraphs 3 to 10H (other than paragraph 4A) of Part 1 of Schedule 1 to the Financial Promotion Order.