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      1. 119
        1. (1) (except in relation to MiFID business) (as defined in section 1159(1) of the Companies Act 2006 (Meaning of "subsidiary", etc)) (in relation to another body corporate ("H")) a body corporate of which H is a holding company.
        1. (2) (in relation to MiFID business) a subsidiary undertaking within the meaning of article 2(10) and article 22 of the Accounting Directive160, including any subsidiary of a subsidiary undertaking of an ultimate parent undertaking.
        1. (3) (for the purpose of IFPRU) has the meaning in article 4(1)(16) of the EU CRR.
        [Note: article 4 (1)(33)160 of MiFID]