Glossary

an exemption from articles 7, 13 and 14 of the short selling regulation for the activities of an authorised primary dealer pursuant to article 17 of the short selling regulation.

(as defined in article 2(1)(n) of the short selling regulation) a natural or legal person who has signed an agreement with a sovereign issuer or who has been formally recognised as a primary dealer by or on behalf of a sovereign issuer and who, in accordance with that agreement or recognition, has committed to dealing as principal in connection with primary and secondary market operations relating to debt issued by that sovereign issuer.

a participant in the Voluntary Jurisdiction who is an authorised person.

(in relation to a firm) a person resident in the United Kingdom who is authorised to act generally, and to accept service of any document, on behalf of the firm.

(as defined in section 237(3) of the Act (Other definitions)) a unit trust scheme which is authorised for the purposes of the Act by an authorisation order.

a manager of an AUT.

a professional firm which is an authorised person.

(In COMP) (in accordance with the compensation transitionals order) a person who was, at any time before commencement, authorised under section 3 or 4 of the Insurance Companies Act 1982 to carry on insurance business of any class in the United Kingdom.

(in accordance with regulation 2(1) of the Payment Services Regulations) a person included by the FSA in the FSA Register as an authorised payment institution pursuant to regulation 4(1)(a), or a person deemed to have been granted authorisation by the FSA by virtue of regulation 121 of the Payment Services Regulations.

(in accordance with section 31 of the Act (Authorised persons)) one of the following:(see also GEN 2.2.18 R for the position of an authorisedpartnership or unincorporated association which is dissolved.)

the director of an ICVC who is the authorised corporate director of the ICVC in accordance with COLL 6.5.3 R (Appointment of an ACD) including, if relevant, an EEA UCITS management company.

an ICVC or an AUT.

an ACD or an authorised unit trust manager.

(in accordance with regulation 2(1) of the Electronic Money Regulations):

the regulated activity, specified in article 51(1)(b) of the Regulated Activities Order (Establishing etc a collective investment scheme), of acting as a trustee of an authorised unit trust scheme.