Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 164

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 164
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 Investments Limited      104  

  Table of Contents  

If any employee of Patria Investments Uruguay Agente de Valores S. A. knows or suspects, or has reasonable grounds for knowing or suspecting that another person is engaged in criminal conduct or money laundering, or is involved with terrorism or terrorist financing and property, and the information for that knowledge or suspicion came to their attention in the course of business in the regulated sector, or other trade, profession, business or employment, the person will be required to report such knowledge or suspicion to the Financial Analysis Unit of the CBU.

Uruguay Regulated Entities

Patria Investments Uruguay Agente de Valores S. A. in Uruguay is authorized as a broker dealer and investment advisor by the Central Bank of Uruguay. The license was granted on November 17, 2023.

Relevant Applicable Law to Securities Management Activities in UK

The Financial Services and Markets Act 2000 (“ FSMA” or the “ Act 2000”) which is an Act of the Parliament of the United Kingdom that created the FCA as a regulator for insurance, investment and banking business. FSMA and related secondary legislation define the "regulatory perimeter," setting out the activities and entities that fall within the scope of UK's financial services regulation.

Section 19 of the Act 2000 states that a person (which includes a corporate entity) must not carry on a regulated activity in the U. K., or purport to do so, unless they are an authorized or exempt person. This is referred to as the general prohibition. Carrying on a regulated activity in breach of the general prohibition is a criminal offense and may result in certain agreements being unenforceable. The meaning of regulated activity is set out in Part II of the Act 2000 (Regulated Activities) Order 2001 (the Regulated Activities Order).

The regulated activity of managing investments is specified in article 37 of the Regulated Activities Order. In summary, managing assets belonging to another person in circumstances which involve the exercise of discretion, if:

• the assets consist of or include any security, structured deposit or contractually based investment (that is, any designated investment (other than a peer-to-peer agreement), funeral plan contract, structured deposit or right to or interest in a funeral plan contract); or

• the arrangements for their management are such that the assets may consist of or include such investments, and either the assets have at any time since April 29, 1988, done so, or the arrangements have