Search Result
conditional permitted loan
As Published: 2020
conditional permitted loan
251 in relation to conditional permitted links , a loan with any person, provided that the loan: (a) is documented in a written agreement setting out the rate of interest and the amount of, and due da…
non-SNI MIFIDPRU investment firm
As Published: 2001
non-SNI MIFIDPRU investment firm
89 a MIFIDPRU investment firm that is not an SNI MIFIDPRU investment firm .
standard terms
As Published: 2001
standard terms
(in DISP ) the contractual terms made under paragraph 18 of Schedule 17 to the Act (The Ombudsman Scheme), under which VJ participants participate in the Voluntary Jurisdiction . 5 22…
UK parent entity
As Published: 2001
UK parent entity
92 any of the following: (1) a UK parent investment firm ; (2) a UK parent investment holding company ; or (3) a UK parent mixed financial holding company .
information system
As Published: 2023
information system
191 a device or group of interconnected or related devices, one or more of which, pursuant to a programme, automatically processes computer data, as well as computer data stored, processed, retrieved…
accountable higher management function
As Published: 2015
accountable higher management function
123 (in APER ) any accountable function that is an FCA controlled function that is a significant-influence function . 150…
exercising, or having the right to exercise, the owner's rights and duties under a regulated consumer hire agreement
As Published: 2013
exercising, or having the right to exercise, the owner's rights and duties under a regulated consumer hire agreement
87 the regulated activity specified in article 60N(2) of the Regulated Activities Order .
market abuse
As Published: 2005
market abuse
77 (1) behaviour prohibited by: 110 (a) articles 14 and 15 of the Market Abuse Regulation ; or 110 (b) [deleted] 146 113 110 113…
Directive 2002/87/EC UK law
As Published: 2021
Directive 2002/87/EC UK law
145 the law of the United Kingdom (or any part of it) which, immediately before IP completion day , implemented Directive 2002/87/EC, as that law has effect on IP completion day .
home finance provider
As Published: 2006
home finance provider
8 a firm with permission (or which ought to have permission ) for entering into a home finance transaction .
relevant electronic lending services
As Published: 2016
relevant electronic lending services
159 operating an electronic system in relation to lending or operating an electronic system in relation to non-P2P agreements .
debt management activity
As Published: 2014
debt management activity
87 the activities of debt counselling or debt adjusting , alone or together, carried on with a view to an individual entering into a particular debt solution or in relation to any such debt solution ,…
acquirer
As Published: 2015
acquirer
126 a payment service provider contracting with a payee to enable them to accept payment transactions made by means of any card, telecommunication, digital or IT device or software, and which result i…
non-retail communication
As Published: 2007
non-retail communication
23 a financial promotion and: (a) is made only to recipient who the firm reasonably believes are professional clients or eligible counterparties ; or (b) may reasonably be regarded as directed only at…
approved person
As Published: 2001
approved person
4 a person in relation to whom the FCA or the PRA 183 has given its approval under section 59 of the Act (Approval for particular arrangements) for the performance of a controlled function .
specified life events
As Published: 2015
specified life events
133 (a) the death of the customer ; or (b) the customer leaves the mortgaged land to live elsewhere and has no reasonable prospect of returning (for example, by moving into residential care); or (c) t…
CTF
As Published: 2004
CTF
24 (as defined in section 1(2) of the Child Trust Funds Act 2004) a child trust fund, that is, an account which: (1) is held by a child who is or has been an eligible child (as defined in section 2 of…
authorised UK representative
As Published: 2001
authorised UK representative
4 (in relation to a firm ) a person resident in the United Kingdom who is authorised to act generally, and to accept service of any document , on behalf of the firm .
net-rated business
As Published: 2021
net-rated business
87 business where the premium paid by the consumer is set by an insurance intermediary .