IFPRU 10.7 Exemption

This chapter does not apply to a firm that meets the condition in IFPRU 10.7.2 R.

[Note: articles 129(2) (part) and 130(2) (part) of CRD]

1. (1)

   The condition referred to in IFPRU 10.7.1 R is that the firm is a SME (as defined in article 4(1)(131) of the UK CRR) investment firm1.

2. (2)

   [deleted]1

[Note: articles 129(4) and 130(4) of CRD]