Section 192O(2)

A “parent financial holding company” or “parent mixed financial holding company” means a financial holding company or a mixed financial holding company which— is a UK parent financial holding company or a UK parent mixed financial holding company, within the meaning given in Article 4(1)(30) and 4(1)(32) respectively of the capital requirements regulation; or is required, whether by the PRA by direction under section 192C or otherwise, to comply with the capital requirements regulation , CRR rules and Directive 2013/36/EU UK law on a sub-consolidated basis.

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Source: legislation.gov.uk · retrieved 2026-09-04