This piece contains a summary of the changes to be brought about by the Statutory Instrument 2024 No. 301 – the Financial Services and Markets Act 2000 (Amended and Transitional Provision) Order 2024) (the “SI”) which was published on 7 March 2024 following an announcement in the Spring Budget and which come into force on 27 March 2024, specifically relating to High Net Worth Individuals (“HNWIs”) and Self-Certified Sophisticated Investors (“SCSIs”).
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