BIPRU firm
- (a) it is authorised to provide one or more the following investment services:
- (i) execution of orders on behalf of clients;
- (ii) portfolio management; and
- (b) it may provide one or more of the following investment services:
- (i) reception and transmission of orders in relation to one or more financial instruments;
- (ii) investment advice;
a firm, as defined in article 4(1)(2)(c) of the
that satisfies the following conditions: