The Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026
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Change 1
11 Financial Services and Markets Act 2000
In section 192Q (application for approval or exemption)— (a) in subsection (3)(d)(i), omit “(within the meaning of Article 4(1)(36) of the capital requirements regulation),”; (b) after subsection (4) insert— (5) In this section, “qualifying holding” means a direct or indirect holding in an undertaking which— (a) represents 10% or more of the capital or the voting rights in that undertaking, or (b) enables a person to exercise a significant influence over the management of that undertaking. .
11 Financial Services and Markets Act 2000
In section 192Q (application for approval or exemption)— (a) in subsection (3)(d)(i), omit “(within the meaning of Article 4(1)(36) of the capital requirements regulation),”; (b) after subsection (4) insert— (5) In this section, “qualifying holding” means a direct or indirect holding in an undertaking which— (a) represents 10% or more of the capital or the voting rights in that undertaking, or (b) enables a person to exercise a significant influence over the management of that undertaking. .
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