1
Application and Definitions
1.1
This Part applies to a CRR firm that is a member of a group save that 2.3 applies to an Article 109 undertaking.
- 29/12/2020
1.2
This Part does not apply to a firm in relation to the regulated activity of bidding in emissions auctions (article 24A of the Regulated Activities Order) where it is carried on by way of business by a MiFID investment firm (other than a UCITS investment firm, as defined in the FCA Handbook) in relation to a financial instrument.
- 01/01/2016
1.3
In this Part, the following definitions shall apply:
means, in relation to a person ("A"), A and any person:
- (1) within the scope of section 421 of the Act;
- (2) who has a common management relationship with A;
- (3) who has a common management relationship with any person in (1);
- (4) who is a subsidiary undertaking of a person in (2) or (3); or
- (5) whose omission from an assessment of the risks to A of A's connection to any person coming within (1) to (4) or an assessment of the financial resources available to such persons would be misleading.
- 31/12/2020