Section 4(2)
The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 · United Kingdom
An authorised person may become entitled to carry on regulated activities as an exempt investment firm only by applying for a variation of its Part 4A permission in accordance with section 55H (variation by FCA) or 55I (variation by PRA) of the Act.
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Source: legislation.gov.uk · retrieved 2026-09-04