Section 89A

This Part applies to investment firms as it applies to banks, subject to the modifications in the following Table— In the case of investment firms which are FCA-regulated investment firms, in subsection (1) the reference to this Part is a reference to this Part as it applies to FCA-regulated banks by virtue of section 83A. In this section— “FCA-regulated bank” has the meaning given by section 83A(2); “FCA-regulated investment firm” means an investment firm which does not carry on any activity which is a PRA-regulated activity for the purposes of the Financial Services and Markets Act 2000.

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