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deal on own account

85

  1. (1) (for the purposes of GENPRU and BIPRU) has the meaning in BIPRU 1.1.23 R (Meaning of dealing on own account) which is in summary the service referred to in point 3 of Section A Annex I to MiFID, subject to the adjustments in BIPRU 1.1.23 R (2) and BIPRU 1.1.23 R (3) (Implementation of Article 5(2) of the Capital Adequacy Directive).
  2. (2) (89other than in GENPRU and BIPRU89) has the meaning in IFPRU 1.1.12 R (Meaning of dealing on own account) which is, in summary, the service referred to in point 3 of Section A of Annex I to MiFID, subject to the adjustments in IFPRU 1.1.12 R (2) and IFPRU 1.1.12 R (3) (Implementation of article 29(2) of CRD).