third-country banking and investment group
- (a) it is headed by:
- (i) a credit institution; or
- (ii) an asset management company; or
- (iii) an investment firm; or
- (iv) a financial holding company;
- (b) it is not part of a wider consolidation group that is required by UK prudential sectoral regulation for the banking sector or the investment services sector to be subject to consolidated supervision.86
13a banking and investment group that meets the following conditions: