Reset to Today

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

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2021-10-04.

Timeline guidance

Alternative versions

  3. Point in time
    2021-10-04

qualifying holding

10 (1) (in GENPRU and BIPRU) 11has 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.

(2) (otherwise) a28 direct or indirect holding in an investment firm which represents 10% or more of the capital or of the voting rights, as set out in articles 9 and 1028 of the Transparency Directive, taking into account the conditions regarding aggregation in article 12(4) and (5) of that Directive,28 or which makes it possible to exercise a significant influence over the management of the investment firm in which that holding subsists.11[Note: article 4(1)(31)28 of MiFID]