• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

P0 Unit 8 section 4.3

J

Jimbo

Member
"A person is not regarded as carrying on a regulated activity unless he carries on the business of engaging in that activity"

Can anybody put this into plain English!? I have no idea what it means.

Many thanks in advance!
 
If one has a banking licence, but does no banking , then one is not subject to the banking regulations. I think.
 
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