Arranging deals in investments and operating MTFs, OTFs and electronic systems for public offers of relevant securities

Published by a ��Ӱ�� Financial Services expert

Practice notes

Arranging deals in investments and operating MTFs, OTFs and electronic systems for public offers of relevant securities

Published by a ��Ӱ�� Financial Services expert

Practice notes

Scope of this Practice Note

This Practice Note provides information on the regulated activity of Arranging deals in Investments as well as the regulated activities of operating a multilateral trading facilities (MTFs), operating organised trading facilities (OTFs) and operating electronic systems for public offers of relevant securities under articles 25, 25D, 25DA and 25DB of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, SI 2001/544 (RAO), including information on applicable exclusions

The activities of arranging regulated mortgage contracts (RMCs), home reversion Plans (HRPs), home purchase plans (HPPs), and arranging Regulated sale and rent back agreements can be found in SI 2001/544, arts 25A–25C and 25E. For further information, see Practice Note: Arranging deals in home finance transactions.

Arranging (bringing about) deals in investments

Arranging (bringing about) deals in investments falls under the RAO, SI 2001/544, art 25(1) and consists of making arrangements for another person (whether as principal or agent) to:

•
buy
•
sell
•
subscribe to, or
•
underwrite

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Jurisdiction(s):

United Kingdom

Key definition:

Arranging definition

What does Arranging mean?

This is the regulated activity of making arrangements for another person to buy or sell a security or contractually based investment (article 25 of the Regulated Activities Order).

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