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media firm

    3a firm whose only permitted activities are advising on investments and agreeing to carry on that regulated activity, and whose Part 4A permission 130 includes requirements to the effect that the firm must advise:

      1. (a) only through the media; and
      1. (b) without conveying the impression that the advice is particularly suitable for any person , except when it is given in response to a specific request for advice from that person;

    in this definition, "media" means:

      1. (i) newspapers, journals, magazines or other periodical publications;
      1. (ii) services comprising regularly updated news or information;
      1. (iii) services consisting of the broadcast or transmission of television or radio programmes.