FSMA 2000 (Exemption) (Amendment) Order 2022 published

The Order amends the list of persons in Part IV of the Schedule to the FSMA 2000 (Exemption) Order 2001 to include Norges Bank, the Norwegian central bank.

The amendment means that Norges Bank will be exempt from the general prohibition in respect of any regulated activity of the kind specified by articles 14, 21, 25, 37, 40 or 53 RAO (ie dealing in investments as principal, dealing in investments as agent, arranging deals in investments, managing investments, safeguarding and administering investments, and advising on investments).

The Order will come into force on 31 March 2022.

Lucy Hadrill