arranger
- 4(1) (For the purposes of PRU 8 (Group risk) a firm with permission for one or more of the following: 14and which:14
- (a) arranging (bringing about) deals in investments; or 14
- (b) making arrangements with a view to transactions in investments;14
- (c) is not a bank, a building society or an ELMI; 14
- (d) is not an insurer;14
- (e) is not a UCITS management company; 14
- (f) is not a local; and 14
- (g) does not have permission:14
- (i) to deal in investments as principal; or 14
- (ii) for dealing in investments as agent; or14
- (iii) for managing investments.14
- (2) (for all other purposes) a person who is arranging (bringing about) deals in investments, making arrangements with a view to transactions in investments, or agreeing to carry on any of those regulated activity.14