Schedule 6, Part 1E, paragraph 5A
If the person concerned (“D”) carries on, or is seeking to carry on, PRA-regulated activities which do not consist of or include a regulated activity relating to— the threshold conditions which are relevant to the discharge by the PRA of its functions in relation to D are the conditions set out in paragraphs 5B to 5F. the effecting or carrying out of contracts of insurance, managing the underwriting capacity of a Lloyd’s syndicate as a managing agent at Lloyds, ... arranging, by the Society, of deals in contracts of insurance written at Lloyd’s, or an assumption of risk falling within article 13A of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001,
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Source: legislation.gov.uk · retrieved 2026-09-04