Related provisions for GENPRU 1.2.14
1 - 5 of 5 items.
This section also implements minimum 23standards for the composition of capital resources required to be held by a BIPRU firm. In particular pursuant to23 the third paragraph of article 95(2) of the UK CRR23, it applies requirements that correspond to23 Articles 56 – 61, Articles 63 – 64, Article 66 and Articles 120 – 122 of the Banking Consolidation Directive23and Articles 12 – 16, Article 17 (in part), Article 22(1)(c) (in part) and paragraphs 13 - 15 of Part B of Annex VII
(1) A collective portfolio management investment firm may undertake the following MiFID business: portfolio management; investment advice; safekeeping and administration in relation to shares or units of collective investment undertakings; and (if it is an AIFM investment firm) reception and transmission of orders in relation to financial instruments.(2) Subject to the conditions that the firm is not authorised to provide safekeeping and administration in relation to shares or