The Financial Services and Markets Act 2000 (Ring-fenced Bodies, Core Activities, Excluded Activities and Prohibitions) (Amendment) Order 2025
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Change 1
3 Amendments to Part 1: general
In article 1(3) (interpretation)— (a) omit the definition of “EEA account” and “EEA account holder”; (b) after the definition of “Northern Ireland industrial and provident society”, insert— “the prudential requirements regulation” means Regulation (EU) No 575/2013 of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms; ; (c) after the definition of “securities”, insert— “SME” has the meaning given in article 1(4) of the excluded activities and prohibitions order; ; (d) at the end of the definition of “UK deposit-taker”, insert— ; “undertaking” includes a company, body corporate, partnership or unincorporated association .
3 Amendments to Part 1: general
In article 1(3) (interpretation)— (a) omit the definition of “EEA account” and “EEA account holder”; (b) after the definition of “Northern Ireland industrial and provident society”, insert— “the prudential requirements regulation” means Regulation (EU) No 575/2013 of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms; ; (c) after the definition of “securities”, insert— “SME” has the meaning given in article 1(4) of the excluded activities and prohibitions order; ; (d) at the end of the definition of “UK deposit-taker”, insert— ; “undertaking” includes a company, body corporate, partnership or unincorporated association .
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