1

Application and Definitions

1.1

Unless otherwise stated, this Part applies to a UK firm that is a PRA-authorised person.

1.2

In this Part, the following definitions shall apply:

EEA Passport Rights Regulations

means the Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001.

EEA right

includes Article 4 (3) of the Financial Services and Markets Act (2000) (Gibraltar) Order 2001.

financial institution

has the meaning in Article 4 (26) of the CRR.

pure reinsurer

means an insurer whose insurance business is restricted to reinsurance.

UK firm

includes a financial institution that fulfils the conditions in Article 34 CRD.