Flashcards
FSMA
Cards in this deck (4)
- 1General ProhibitionS.19(1) FSMA
Regulated activity
Specified investment - includes shares - 2Exemptions: Entire issued share capitalArt 70 FSMA
1. Shares being sold/bought - 50% or more
2. at least 50% of voting shares
3. between parties: corporate/connected indivs/partnership - 3Restrictions on Financial PromoS.21
includes approaching potential buyers to induce them to enter into negotiations - 4Exemptions to s.21FSMA 2000 ORDER
1. to investment professionals
2. body corporate net assets at least £500k, or £5million
3. related to transaction reasonably regarded as being acquisition of day to day control of affairs
Information
- Description
- Postgraduate Private Acquisitions Flashcards on FSMA, created by gabyc880 on 30/05/2013.
- Created by
- gabyc880 · May 2013
- Updated
- Feb 19, 2016
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