-
any of the services listed in Section B of Annex I to MiFID.
-
(in relation to any undertaking in a consolidation group, sub-group or other group of persons) an undertaking complying with the following conditions:(a) its principal activity consists of:(i) owning or managing property; or(ii) managing data-processing services; or(iii) any other similar activity;(b) the activity in (a) is ancillary to the principal activity of one or more insurance undertakings; and(c) those insurance undertakings are also members of that consolidation group, sub-group or other group of persons.
-
(1) (in accordance with Article 4(21) of the Banking Consolidation Directive (Definitions) and subject to (2)) and in relation to an undertaking in a consolidation group, sub-group or another group of persons) an undertaking complying with the following conditions:(a) its principal activity consists of:(i) owning or managing property; or(ii) managing data-processing services; or(iii) any other similar activity;(b) the activity in (a) is ancillary to the principal activity of one or more credit institutions or investment firms; and(c) those credit institutions or investment firms are also members of that consolidation group, sub-group or group.(2) (for the purpose of GENPRU 1.3 (Valuation) and INSPRU 6.1 (Group Risk: Insurance Groups) an undertaking in (1) and an ancillary insurance services undertaking.
-
an activity which is not a regulated activity but which is:(a) carried on in connection with a regulated activity; or(b) held out as being for the purposes of a regulated activity.
-
(as defined in Article 2 of the Buy-back and Stabilisation Regulation) the exercise of an overallotment facility or of a greenshoe option by investment firms or credit institutions, in the context of a significant distribution of relevant securities, exclusively for facilitating stabilisation activity.
-
(in relation to an insurer with permission under the Act to insure a principal risk belonging to one class (as defined for the purposes of AUTH, INSPRU and SUP) of general insurance business) a risk included in another such class which is:(a) connected with the principal risk,(b) concerned with the object which is covered against the principal risk, and(c) the subject of the same contract insuring the principal risk.However, the risks included in classes 14, 15 and 17 may not be treated as risks ancillary to other classes, except that the risk included in class 17 (legal expenses insurance) may be regarded as an ancillary risk of class 18 where:(d) the conditions laid down in (a) to (c) are fulfilled, and(e) the principal risk relates solely to assistance provided for persons who fall into difficulties while travelling, while away from home or while away from their permanent residence or where it concerns disputes or risks arising out of, or in connection with, the use of sea-going vessels.