21 Restrictions on financial promotion
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

Financial promotion

21  Restrictions on financial promotion

(1)     A person (“A”) must not, in the course of business, communicate an invitation or inducement[—

(a)]     to engage in investment activity[, or

(b)     to engage in claims management activity].

(2)     But subsection (1) does not apply if—

(a)     A is an authorised person; or

(b)     the content of the communication is approved for the purposes of this section by an authorised person.

[(2A)     The content of a communication may be approved for the purposes of this section by an authorised person only if the giving of the approval—

(a)     is permitted under section 55NA (which enables approval to be given with FCA permission), or

(b)     falls within an exemption conferred by regulations under section 55NB.]

(3)     In the case of a communication originating outside the United

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