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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

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    2007-04-06

qualifying holding

10 has the meaning in GENPRU 2.2.203R (Qualifying holdings), which is in summary a direct or indirect holding of a bank or building society in a non-financial undertaking which represents 10% or more of the capital or of the voting rights or which makes it possible to exercise a significant influence over the management of that undertaking.

[Note: article 4(1)(27) of MiFID]