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Defined terms — Financial Services Act 2021

United Kingdom · ukpga/2021/22 · 1729 provisions

104 defined in this instrument.

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a paragraph 37(1) person — a person who is treated as having a Schedule 2A permission by virtue of paragraph 64 following the cancellation of that permission by the FCA under paragraph 37(1) Schedule 6, Part 10, paragraph 66(2)
a section 271A scheme — a scheme recognised under section 271A (and see also section 271S) Section 24(1)
appropriate regulator — the PRA. a decision made under a power conferred by section 144G of FSMA and CRR rules (as defined in Part 9D of FSMA) that are section 192XA rules (as defined in Part 12B of FSMA), or a decision made under a power conferred by section 192XC of FSMA and section 192XA rules (as defined in Part 12B of FSMA) Schedule 3, Part 3, paragraph 22(4)
approved activity — a regulated activity for the time being approved by regulations under paragraph 5 Schedule 6, Part 1, paragraph 3(1)
authorised parent undertaking — a parent undertaking that— is incorporated in the United Kingdom or has its principal place of business in the United Kingdom, and is an authorised person Schedule 2, Part 1, paragraph 1(1)
authorised parent undertaking — a parent undertaking that— is incorporated in the United Kingdom or has its principal place of business in the United Kingdom, and is an authorised person Schedule 2, Part 1, Part 9C, paragraph 143B(1)
branch — — a place where a person carries on an activity for an indefinite period and which does not have legal personality, or any other description of place specified in regulations made by the Treasury Schedule 6, Part 1, paragraph 3(3)
commodity and emission allowance dealer — an undertaking the main business of which consists exclusively of the provision of investment services or activities in relation to— commodity derivatives or commodity derivative contracts referred to in paragraphs 5, 6, 7, 9 and 10 of Part 1 of Schedule 2 to the Regulated Activities Order, derivatives of emission allowances referred to in paragraph 4 of that Part of that Schedule, or emission allowances referred to in paragraph 11 of that Part of that Schedule Section 1(6)
comparable authorised schemes — whichever of the following the Treasury consider to be the most appropriate— authorised unit trust schemes; authorised contractual schemes which are co-ownership schemes; authorised contractual schemes which are partnership schemes; authorised open-ended investment companies; any two or more of the kinds of collective investment scheme mentioned in paragraphs (a) to (d) Schedule 9, Part 1, paragraph 1(3)
consumer — an individual who is acting for purposes outside those of any trade, business or profession carried on by the individual Schedule 3, Part 1, paragraph 1(5)
consumer — an individual who is acting for purposes outside those of any trade, business or profession carried on by the individual Schedule 3, Part 1, Part 9D, paragraph 144C(5)
corresponding activity — an activity corresponding to an approved activity, and references (however expressed) to an activity corresponding to an approved activity, or an approved activity corresponding to another activity, are to be interpreted in accordance with regulations under paragraph 6 Schedule 6, Part 1, paragraph 3(2)
CRR Basel standard — — subject to subsection (4). a standard recommended in a document issued by the Basel Committee on Banking Supervision listed in subsection (2), or a standard recommended in another document issued by that Committee where the recommended date for implementation of the standard falls on or before the date described in subsection (3) Section 4(1)
CRR rules — rules of a type described in subsection (2) to the extent that they make provision about a matter described in subsection (3) Schedule 3, Part 1, paragraph 1(1)
CRR rules — rules of a type described in subsection (2) to the extent that they make provision about a matter described in subsection (3) Schedule 3, Part 1, Part 9D, paragraph 144A(1)
designated investment firm — an investment firm that is for the time being designated by the PRA under article 3 of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013 (S.I. 2013/556), but is not— a commodity and emission allowance dealer, a collective investment undertaking, or an insurance undertaking Section 1(4)
Directive 2013/36/EU — Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms Schedule 10, paragraph 3(61A)
Directive 2013/36/EU UK law — the law of the United Kingdom which was relied on immediately before IP completion day to implement the capital requirements directive and its implementing measures as it has effect— on IP completion day, in the case of rules made by the FCA or the PRA under this Act, and as amended from time to time, in all other cases; “EU tertiary legislation” has the meaning given in section 20 of the European Union (Withdrawal) Act 2018; “governance arrangements” includes organisational structure, lines of responsibility and internal control mechanisms; “integrity”, in relation to the UK financial system, has the meaning given in section 1D; “investment firm” has the meaning given in Article 4(1)(2) of the capital requirements regulation Schedule 2, Part 1, paragraph 1(1)
Directive 2013/36/EU UK law — the law of the United Kingdom which was relied on immediately before IP completion day to implement the capital requirements directive and its implementing measures as it has effect— on IP completion day, in the case of rules made by the FCA or the PRA under this Act, and as amended from time to time, in all other cases; “EU tertiary legislation” has the meaning given in section 20 of the European Union (Withdrawal) Act 2018; “governance arrangements” includes organisational structure, lines of responsibility and internal control mechanisms; “integrity”, in relation to the UK financial system, has the meaning given in section 1D; “investment firm” has the meaning given in Article 4(1)(2) of the capital requirements regulation Schedule 2, Part 1, Part 9C, paragraph 143B(1)
Directive 2013/36/EU UK law — the law of the United Kingdom which was relied on immediately before IP completion day to implement the capital requirements directive and its implementing measures as it has effect— on IP completion day, in the case of rules made by the PRA or the FCA under this Act, and as amended from time to time, in all other cases Schedule 3, Part 1, paragraph 1(3)
Directive 2013/36/EU UK law — the law of the United Kingdom which was relied on immediately before IP completion day to implement the capital requirements directive and its implementing measures as it has effect— on IP completion day, in the case of rules made by the PRA or the FCA under this Act, and as amended from time to time, in all other cases Schedule 3, Part 1, Part 9D, paragraph 144H(3)
Directive 2014/65/EU UK law — the law of the United Kingdom which was relied on by the United Kingdom before IP completion day to implement Directive 2013/36/EU or Directive 2014/65/EU (as appropriate), as amended from time to time Schedule 10, paragraph 6
equivalence decision — a decision as to whether the law and practice of one country or territory is equivalent to the law and practice of another country or territory, either generally or as it relates to a particular matter; “territory” includes the European Union and any other international organisation or authority comprising countries or territories Schedule 2, Part 1, paragraph 1(5)
equivalence decision — a decision as to whether the law and practice of one country or territory is equivalent to the law and practice of another country or territory, either generally or as it relates to a particular matter; “territory” includes the European Union and any other international organisation or authority comprising countries or territories Schedule 2, Part 1, Part 9C, paragraph 143G(5)
equivalence decision — a decision as to whether the law and practice of one country or territory is equivalent to the law and practice of another country or territory, either generally or as it relates to a particular matter; “territory” includes the European Union and any other international organisation or authority comprising countries or territories Schedule 3, Part 1, paragraph 1(5)
equivalence decision — a decision as to whether the law and practice of one country or territory is equivalent to the law and practice of another country or territory, either generally or as it relates to a particular matter; “territory” includes the European Union and any other international organisation or authority comprising countries or territories Schedule 3, Part 1, Part 9D, paragraph 144C(5)
FCA investment firm — an investment firm that— is an authorised person within the meaning of section 31(1)(a), is not for the time being designated by the PRA under article 3 of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013 (S.I. 2013/556), and has its registered office or, if it has no registered office, its head office in the United Kingdom Schedule 2, Part 1, paragraph 1(1)
FCA investment firm — an investment firm that— is an authorised person within the meaning of section 31(1)(a), is not for the time being designated by the PRA under article 3 of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013 (S.I. 2013/556), and has its registered office or, if it has no registered office, its head office in the United Kingdom Schedule 2, Part 1, Part 9C, paragraph 143A(1)
FCA investment firm — an investment firm that— is an authorised person within the meaning of section 31(1)(a) of FSMA, and is not a designated investment firm Section 1(4)
FCA-authorised person — an authorised person who is not a PRA-authorised person Schedule 11, paragraph 2(2)
general rules — rules made under section 137A of that Act Section 29(5)
Gibraltar provision — a provision or set of provisions in an enactment so far as it relates to— the carrying on of activities in the United Kingdom by persons based in Gibraltar, the carrying on of activities in Gibraltar by persons based in the United Kingdom, or interaction of any other kind between the United Kingdom and Gibraltar, whether relating to persons, activities, financial instruments, other property or other matters, Gibraltar provision is “relevant” if— it is a provision of, or applied or modified by, regulations listed in subsection (3), it was inserted, amended or otherwise modified by regulations listed in subsection (4), it is, or is the subject of, saving provision included in regulations listed in subsection (4), or in the case of a set of provisions, it includes provision falling within sub-paragraph (ii) or (iii), and Gibraltar provision is also “relevant” if it was made by regulations under subsection (1)(b), (c) or (d) or, in the case of a set of provisions, it includes provision made by such regulations Section 23(2)
Gibraltar-based person — a person listed in sub-paragraph (2) which has its head office and, if it has one, its registered office in Gibraltar (and see also Part 14 of this Schedule) Schedule 6, Part 1, paragraph 1(1)
group risk — the risk that the financial position of a financial holding company or mixed financial holding company or of a member of its group may be adversely affected— by its relationships, whether financial or non-financial, with other members of the group, or by matters which affect the financial position of the group, or of a group which forms part of that group, taken as a whole (including, for example, reputational contagion) Schedule 3, Part 2, paragraph 7(9)
interim period — a period beginning when the notice referred to in paragraph 10 is given and ending— at the end of the three month period referred to in paragraph 11, if that period ends without the FCA giving a notice under paragraph 4, or when the FCA, having given the administrator a notice under paragraph 4, gives the administrator — a written notice that it has decided not to make the proposed modifications or variations, or a notice under paragraph 6 Schedule ANNEX 4, paragraph 13
interim period — a period beginning when the notice referred to in paragraph 10 is given and ending— at the end of the three month period referred to in paragraph 11, if that period ends without the FCA giving a notice under paragraph 4, or when the FCA, having given the administrator a notice under paragraph 4, gives the administrator — a written notice that it has decided not to make the proposed modifications or variations, or a notice under paragraph 6. References in this Annex to varying modifications (however expressed) include removing or replacing some or all modifications Section 15(2)
investment holding company — a financial institution which is not a financial holding company and whose subsidiaries— are exclusively or mainly investment firms or financial institutions, and include at least one investment firm Schedule 1, Part 1, paragraph 2(3)
management body — the board of directors or, if there is no such board, the equivalent body responsible for the management of the undertaking concerned Schedule 2, Part 1, paragraph 1(10)
management body — the board of directors or, if there is no such board, the equivalent body responsible for the management of the undertaking concerned Schedule 2, Part 1, Part 9C, paragraph 143W(10)
matured account — an account provided by the Director of Savings which has been, but has ceased to be, a Help-to-Save account Section 36(1)
non-authorised parent undertaking — a parent undertaking that— is incorporated in the United Kingdom or has its principal place of business in the United Kingdom, and is not an authorised person Schedule 2, Part 1, paragraph 1(1)
non-authorised parent undertaking — a parent undertaking that— is incorporated in the United Kingdom or has its principal place of business in the United Kingdom, and is not an authorised person Schedule 2, Part 1, Part 9C, paragraph 143B(1)
on a consolidated basis — as if all members of an FCA investment firm's group are a single FCA investment firm Schedule 2, Part 1, paragraph 1(1)
on a consolidated basis — as if all members of an FCA investment firm's group are a single FCA investment firm Schedule 2, Part 1, Part 9C, paragraph 143B(1)
Part 9C rules — rules made, or to be made, by the FCA— in the performance of its duties under section 143C or 143D, or in exercise of the powers conferred by, or described in, section 143E Schedule 2, Part 1, paragraph 1(1)
Part 9C rules — rules made, or to be made, by the FCA— in the performance of its duties under section 143C or 143D, or in exercise of the powers conferred by, or described in, section 143E Schedule 2, Part 1, Part 9C, paragraph 143F(1)
participants — participants in the United Kingdom Schedule 9, Part 1, paragraph 1(3)
payment institution — an authorised payment institution or a small payment institution (each as defined in regulation 2 of the Payment Services Regulations 2017 (S.I. 2017/752)) Schedule 12, paragraph 14(5)
payment institution — an authorised payment institution or a small payment institution (each as defined in regulation 2 of the Payment Services Regulations 2017 (S.I. 2017/752)) Schedule 12, paragraph 4(4)
Payment institution — an authorised payment institution or a small payment institution (each as defined in regulation 2 of the Payment Services Regulations 2017 (S.I. 2017/752)) Section 32(6)
pre-revocation reference — in connection with the revocation of a provision described in subsection (2), a reference contained in an enactment immediately before the revocation (whether or not the reference is in force at that time) Section 5(7)
prohibition order — — an order under section 56, an order under section 143S, or an order under the law of Gibraltar which the appropriate UK regulator considers to be equivalent to an order under section 56 or 143S, and “senior management function”, in relation to the carrying on of an activity by the Gibraltar-based person, means a function which requires a person to manage an aspect of the Gibraltar-based person's affairs which involves, or might involve, a risk of serious consequences— for the Gibraltar-based person, or for business or other interests in the United Kingdom, Gibraltar or elsewhere Schedule 6, Part 3, paragraph 19(2)
protected contract — — an existing contract, or a contract specified or described in a direction by the appropriate UK regulator under paragraph 67(1) Schedule 6, Part 10, paragraph 64(6)
protected contract — — an existing contract, or a contract specified or described in a direction by the appropriate UK regulator under paragraph 67(1) Schedule 6, Part 10, paragraph 65(5)
protected contract — a contract specified or described in a direction by the appropriate UK regulator under paragraph 61; “subordinate legislation” has the same meaning as in the Interpretation Act 1978 (see section 21 of that Act) Schedule 6, Part 9, paragraph 60(9)
public funds — the Consolidated Fund and any other account or source of money which cannot be drawn or spent other than by, or with the authority of, the Treasury Schedule 6, Part 2, paragraph 7(2)
public funds — the Consolidated Fund and any other account or source of money which cannot be drawn or spent other than by, or with the authority of, the Treasury; “the UK financial system” has the same meaning as in the Financial Services and Markets Act 2000 (see section 1I of that Act) Section 23(14)
Regulated Activities Order — the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544); “relevant FCA investment firm” has the meaning given in paragraph (2A); “small and non-interconnected firm” has the meaning given in rules made by the Financial Conduct Authority for the purposes of Part 9C of the 2000 Act Schedule 1, Part 2, paragraph 49(4)
relevant body — — an undertaking (as defined in section 1161(1) of the Companies Act 2006) that has its head office in the United Kingdom and that has permission under Part 4A to accept deposits, other than— an undertaking that also has permission under Part 4A to effect or carry out contracts of insurance, or a credit union within the meaning of section 1 of the Credit Unions Act 1979; an investment firm that is for the time being designated by the PRA under article 3 of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013 (S.I. 2013/556) Schedule 2, Part 1, paragraph 1(2)
relevant body — — an undertaking (as defined in section 1161(1) of the Companies Act 2006) that has its head office in the United Kingdom and that has permission under Part 4A to accept deposits, other than— an undertaking that also has permission under Part 4A to effect or carry out contracts of insurance, or a credit union within the meaning of section 1 of the Credit Unions Act 1979; an investment firm that is for the time being designated by the PRA under article 3 of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013 (S.I. 2013/556) Schedule 2, Part 1, Part 9C, paragraph 143E(2)
Relevant credit activity — the activity of— so far as the activity is not a transferred activity (as defined in section 107(1) of the Financial Services Act 2012). entering into an agreement described in article 60F(2) or (3) of the Regulated Activities Order (certain borrower-lender-supplier agreements for fixed-sum credit or running-account credit) as lender, or exercising, or having the right to exercise, the lender's rights and duties under such an agreement Section 37(3)
relevant enactment — an enactment passed or made before the day on which subsection (1) comes into force that makes provision in relation to collective investment schemes recognised, or seeking recognition, under section 271A Schedule 9, Part 1, paragraph 1(6)
relevant enactment — an enactment passed or made before the day on which subsection (1) comes into force that makes provision in relation to collective investment schemes recognised, or seeking recognition, under section 272 Section 25(5)
relevant financial institution — — a bank, a building society, an electronic money institution, or a payment institution Schedule 12, paragraph 4(3)
relevant Part 4A permission — — if the restricted activity is an activity which, when carried on in the United Kingdom, is a regulated activity, a Part 4A permission in respect of that regulated activity, and if the restricted activity is marketing a UCITS or an AIF, a Part 4A permission in respect of any regulated activity Schedule 7, Part 2, paragraph 8(2)
relevant person — — where the cash is provided by a person (“P1”) through one or more persons acting on P1's behalf, P1 and each person acting (directly or indirectly) on P1's behalf; where the cash is provided by a person (“P2”) otherwise than on behalf of another person or through one or more persons acting on P2's behalf, P2 Section 44(2)
restricted activity — — an activity which, when carried on in the United Kingdom, is a regulated activity, marketing a UCITS, or marketing an AIF Schedule 7, Part 1, paragraph 3(1)
section 192XA rules — rules made under section 192XA Schedule 3, Part 2, paragraph 4(3)
specified — specified in a direction given by the FCA under this Schedule Schedule 11, paragraph 3(6)
statutory obligation — any obligation arising under or by virtue of this Act or any other enactment Schedule 11, paragraph 3(7)
supervised third country contributor — a supervised third country entity that contributes input data to an administrator located in the United Kingdom; after point (17) insert— Section 11(1)
supervised third country entity — an entity that would be a supervised entity by virtue of point (a) of the definition of that term (CRR firm that is a credit institution) but for the fact that it does not have its head office or registered office in the United Kingdom Section 11(1)
the appropriate UK regulator — — the PRA, in a case in which the Gibraltar-based person is a PRA-authorised person but not a paragraph 37(1) person, or the FCA, in any other case Schedule 6, Part 10, paragraph 66(1)
the appropriate UK regulator — — the PRA, in a case where the approved activities to which the notification relates consist of or include PRA-regulated activities, and the FCA, in any other case Schedule 6, Part 3, paragraph 14
the appropriate UK regulator — — the PRA, in a case where the approved activities to which the notification relates consist of or include PRA-regulated activities, and the FCA, in any other case Schedule 6, Part 4, paragraph 23
the appropriate UK regulator — — the PRA, in a case where the Gibraltar-based person is a PRA-authorised person, and the FCA, in any other case Schedule 6, Part 5, paragraph 33
the appropriate UK regulator — — the PRA, in a case where the Gibraltar-based person is a PRA-authorised person, and the FCA, in any other case Schedule 6, Part 5, paragraph 37(4)
the appropriate UK regulator — — the PRA, in a case where the approved activities to which the notification relates consist of or include PRA-regulated activities, and the FCA, in any other case Schedule 6, Part 6, paragraph 45
the appropriate UK regulator — — in the case of a PRA-authorised person, the PRA, and in any other case, the FCA; “enactment” includes— assimilated direct legislation, an enactment comprised in subordinate legislation, an enactment comprised in, or in an instrument made under, a Measure or Act of Senedd Cymru, an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament, and an enactment comprised in, or in an instrument made under, Northern Ireland legislation Schedule 6, Part 9, paragraph 60(9)
the appropriate UK regulator — — the PRA, in a case where the UK-based person is a PRA-authorised person, and the FCA, in any other case Schedule 7, Part 1, paragraph 2(2)
the Benchmarks Regulation — Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds Section 47
the capital requirements regulation — Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No. 648/2012 Schedule 1, Part 2, paragraph 49(2)
the Capital Requirements Regulation — Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms; “financial holding company” has the meaning given in Article 4(1)(20) of the Capital Requirements Regulation; “mixed financial holding company” has the meaning given in Article 4(1)(21) of the Capital Requirements Regulation Schedule 3, Part 3, paragraph 9(3)
the Capital Requirements Regulation — Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms; “enactment” includes— assimilated direct legislation, an enactment comprised in subordinate legislation, an enactment comprised in, or in an instrument made under, a Measure or Act of Senedd Cymru, an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament, and an enactment comprised in, or in an instrument made under, Northern Ireland legislation; “subordinate legislation” has the same meaning as in the Interpretation Act 1978 (see section 21 of that Act) Section 47
the Credit Rating Agencies Regulation — Regulation (EC) No. 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies; “credit rating” has the same meaning as in the Credit Rating Agencies Regulation (see Article 3(1)(a) of that Regulation) Section 6(5)
The FCA Handbook — the Handbook made by the FCA under this Act (as that Handbook is amended from time to time) Schedule 11, paragraph 3(4)
the Gibraltar regulator — the Gibraltar Financial Services Commission Schedule 6, Part 1, paragraph 2(1)
the limitation period — the period of six years beginning with the first day on which the FCA knew of the contravention Schedule 2, Part 1, paragraph 1(8)
the limitation period — the period of six years beginning with the first day on which the FCA knew of the contravention Schedule 2, Part 1, Part 9C, paragraph 143W(8)
the Markets in Financial Instruments Regulation — Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments Section 27(2)
the overseas regulator — the authority responsible for the authorisation and supervision of schemes of that description in the country or territory Schedule 9, Part 1, paragraph 1(2)
the PRIIPs Regulation — Regulation (EU) No. 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs) Section 38(1)
The Regulated Activities Order — the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) as it has effect on the passing of this Act Section 37(4)
the relevant law and practice — — in relation to the United Kingdom, law and practice under which the carrying on of what is or would be the approved activity is authorised and supervised and other law and practice relevant to the carrying on of that activity, in relation to Gibraltar, law and practice under which the carrying on of what would be the corresponding activity is authorised and supervised and other law and practice relevant to the carrying on of that activity, and in relation to both the United Kingdom and Gibraltar, law and practice relevant to the objectives in paragraph 7(1) Schedule 6, Part 2, paragraph 8(2)
the relevant markets — the markets for services provided by persons carrying on the regulated activity or approved activity (as appropriate) to which the regulations relate Schedule 6, Part 2, paragraph 7(2)
the waiting period — — unless the appropriate UK regulator specifies a shorter waiting period in the consent notice. in relation to an activity that is to be carried on through a branch in Gibraltar, the period of two months beginning with the day on which the appropriate UK regulator gave the Gibraltar regulator the consent notice, and in relation to any other activity, the period of one month beginning with that day Schedule 7, Part 2, paragraph 7(5)
the waiting period — — unless the appropriate UK regulator specifies a shorter waiting period in the consent to variation notice. in relation to a variation in respect of an activity carried on through a branch in Gibraltar, the period of two months beginning with the day on which the appropriate UK regulator gave the Gibraltar regulator the consent to variation notice, and in relation to any other variation, the period of one month beginning with that day Schedule 7, Part 3, paragraph 13(5)
UK firm — — whose registered office or (if it has no registered office) head office is located in the United Kingdom. a credit institution providing investment services or performing investment activities, or an investment firm Schedule 10, paragraph 7
UK parent investment firm — a parent undertaking in the United Kingdom that is an investment firm Schedule 1, Part 1, paragraph 2(5)
UK regulator — the FCA or the PRA Schedule 6, Part 1, paragraph 2(1)
UK regulator — the FCA or the PRA Schedule 7, Part 1, paragraph 2(1)
UK-based person — a person listed in sub-paragraph (2) whose head office or registered office is in the United Kingdom (and see also Part 6 of this Schedule) Schedule 7, Part 1, paragraph 1(1)
working day — a day other than— Saturday or Sunday, Christmas Day or Good Friday, or a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in England and Wales Schedule 5, paragraph 2(4)
working day — a day other than— Saturday or Sunday, Christmas Day or Good Friday, or a day which is a bank holiday in England and Wales under the Banking and Financial Dealings Act 1971 Section 30(3)