parent institution in the UK
- 178(1) (in GENPRU (except GENPRU 3 and BIPRU (except BIPRU 12)) an institution which has an institution or a financial institution as a subsidiary undertaking or which holds a participation in such an institution, and which is not itself a subsidiary undertaking of another institution authorised in the UK, or of a financial holding company or mixed financial holding company established in the UK.
- (2) [deleted]178