Citation, commencement, and extent

1. —(1) This Order may be cited as the Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2022.

(2) This Order comes into force on 31st March 2022.

(3) This Order extends to England and Wales, Scotland, and Northern Ireland.

Amendment of the Financial Services and Markets Act 2000 (Exemption) Order 2001

2. —(1)The Financial Services and Markets Act 2000 (Exemption) Order 2001( 2 ) is amended as follows.

(2) In Part IV of the Schedule (persons exempt from the general prohibition in respect of particular regulated activities), after paragraph 57, insert—

“ Norges Bank

58. Norges Bank is exempt from the general prohibition in respect of any regulated activity of the kind specified by article 14, 21, 25, 37, 40 or 53, of the Regulated Activities Order (dealing in investments as principal, dealing in investments as agent, arranging deals in investments, managing investments, safeguarding and administering investments, and advising on investments). ” .