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Schedule 2, paragraph 2(4)

After subsection (1A) insert— This subsection applies to a person— unless the person is entered on the applicable register. if the person's principal is an investment firm or a credit institution, and so far as the business for which the person's principal has accepted responsibility is selling, or advising clients on, structured deposits as defined by Article 4.1.43 (definitions) of the markets in financial instruments directive,

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