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TP UCITS qualifier

86a firm (other than a firm which manages a scheme under a temporary permission) which:

  1. (1)93 for the time being is an operator, trustee or depositary of a scheme or sub-fund which is temporarily recognised under Part 6 of the Collective Investment Schemes (Amendment etc93) (EU Exit) Regulations 201993; and
  2. (2)93 is an authorised person as a result of Part 7 of those Regulations;

a reference to a firm as a “TP UCITS qualifier” applies in relation to the carrying on by the firm of activities for which it has permission in that capacity.