MIFIDPRU-eligible third country credit institution
- (1) its registered office or, if it has no registered office, its head office is outside the UK;
- (2) it is authorised by a third country competent authority in the state or territory in which the credit institution’s head office is located; and
- (3) the credit institution is subject to prudential supervisory and regulatory requirements in that state or territory that are comparable to those applied in the UK.
149a credit institution that satisfies the following conditions: