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energy market participant
90
a firm :
(a) whose permission:
(i) includes a requirement127 that the firm must not carry on any designated investment business other than energy market activity ;
(ii) does not include a requirement127 that it comply with IPRU-INV -link-
(b) which is not an authorised professional firm , bank , BIPRU firm 127 (unless it is an exempt BIPRU commodities firm ), IFPRU investment firm (unless it is an exempt IFPRU commodities firm ), building society , credit union , friendly society , ICVC , insurer , MiFID investment firm (unless it is an exempt BIPRU commodities firm or exempt IFPRU commodities firm ), media firm , oil market participant , service company , insurance intermediary , home finance administrator , home finance provider , incoming EEA firm (without a top-up permission ), 127 incoming Treaty firm (without a top-up permission ) or regulated benchmark administrator 127 .
