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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 November 2018 - onwards
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Article 55A Non-real time communication by members of professions

(1) The financial promotion restriction does not apply to a non-real time communication which is -

(a) made by a person ("P") who carries on Part XX activities; and

(b) limited to what is required or permitted by paragraphs (2) and (3).

(2) The communication must be in the following terms -

"This [firm/company] is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment and consumer credit-related services to clients because we are members of [relevant designated professional body]. We can provide these investment and consumer credit-related and claims management-related services if they are an incidental part of the professional services we have been engaged to provide."

(3) The communication may in addition set out the Part XX activities which P is able to offer to his clients, provided it is clear that these are the investment and consumer credit-related and claims management-related services to

Comparing proposed amendment...