GCT parent undertaking
76a relevant financial undertaking that:
- (1) is a parent undertaking; and
- (2) either:
- (a) is an authorised person; or
-
(b) satisfies both of the following conditions:
- (i) it is incorporated in, or has its principal place of business in, the UK; and
- (ii) it has a MIFIDPRU investment firm as a subsidiary.