IFPRU limited-activity firm

(A) (In the the PRA Handbook):a limited activity firm that meets the following conditions:

1. (a) it is a FCA-authorised firm;
2. (b) its head office is in the UK and .
3. (c) it is not:
   1. (i) an incoming EEA firm;
   2. (ii) an incoming Treaty firm;
   3. (iii) any other overseas firm;
   4. (iv) a designated investment firm;
   5. (v) an insurer; or

(B) (In the FCA Handbook):124a limited activity firm that meets the following conditions:

1. (a) it is a firm; and
2. (b) its head office is in the UK and it is not otherwise excluded under IFPRU 1.1.5 R.