Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2024-03-12.

non-financial entity

(as defined in article 2(1) of MiFID RTS 21)81 73a natural or legal person81 other than:

  1. (a) a MiFID investment firm authorised as such by means of a Part 4A permission or an investment firm authorised in accordance with MIFID81;
  2. (b) a credit institution authorised in accordance with Directive 2013/36/EU of the European Parliament and of the Council or81 a CRD credit institution;
  3. (c) an insurance undertaking authorised as such by means of a Part 4A permission or81 in accordance with Directive 73/239/EEC;
  4. (d) an assurance undertaking authorised as such by means of a Part 4A permission or81 in accordance with Directive 2002/83/EC of the European Parliament and of the Council;
  5. (e) a reinsurance undertaking authorised as such by means of a Part 4A permission or81 in accordance with Directive 2005/68/EC of the European Parliament and of the Council;
  6. (f) a UCITS and, where relevant, its management company, authorised as such by means of a Part 4A permission or81 in accordance with the UCITS Directive;
  7. (g) an institution for occupational retirement provision within the meaning of article 6(a) of Directive 2003/41/EC of the European Parliament and of the Council or an occupational pension scheme81;
  8. (h) an alternative investment fund managed by AIFMs authorised or registered in accordance with the AIFMD or authorised as such by means of a Part 4A permission or registered as such pursuant to the Alternative Fund Managers Regulations 201381;
  9. (i) a CCP authorised in accordance with Regulation (EU) No 909/2014 of the European Parliament and of the Council or recognised as such by means of a recognition order under Part XVIII of the Act81;
  10. (j) a central securities depositary authorised in accordance with Regulation (EU) No 909/2014 of the European Parliament and of the Council or recognised as such by means of a recognition order under Part XVIII of the Act81.

A third-country entity is a non-financial entity if it would not require authorisation under any of the aforementioned legislation if it was based in the United Kingdom and subject to UK law.81[Note: article 2 of MiFID RTS 21]