The right of European Economic Area (www.practicallaw.com/A36019) (EEA) firms to carry out activities in other EEA states under the Single Market Directives (www.practicallaw.com/A34875) on financial services, regulated in the UK by Schedules 3, 4 and 5 to the Financial Services and Markets Act 2000 (www.practicallaw.com/A36104).