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You are viewing the version of the document as on 2021-11-30.

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  5. Point in time
    2021-11-30

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 paragraph 3 of Part 3 of Schedule 2 to the Regulated Activities Order124, subject to the adjustments in BIPRU 1.1.23R(2) and BIPRU 1.1.23R(3)124.
  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 paragraph 3 of Part 3 of Schedule 2 to the Regulated Activities Order124, subject to the adjustments in IFPRU 1.1.12R(2) and IFPRU 1.1.12R(3)124.