UK parent investment firm
92a MIFIDPRU investment firm that:
- (1) is part of an investment firm group;
- (2) holds a participation in, has a subsidiary that is, or for the purposes of MIFIDPRU 2.5 is the deemed parent undertaking of:
- (a) a MIFIDPRU investment firm;
- (b) a designated investment firm;
- (c) a financial institution;
- (d) an ancillary services undertaking;
- (e) a tied agent; or
- (f) a credit institution; and
- (3) is not a subsidiary of:
- (a) a MIFIDPRU investment firm; or
- (b) an investment holding company or mixed financial holding company that is incorporated in the UK or that has its principal place of business in the UK.