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oil market participant

  1. 63
    1. a firm:
      1. (a) whose permission:
        1. (i) includes a requirement92 that the firm must not carry on any designated investment business other than oil market activity92; and
        2. (ii) does not include a requirement92 that it comply with IPRU(INV) 5 (Investment management firms) or 13 (Personal investment firms); and
      2. (b) which is not an authorised professional firm, bank, 10592building society, credit union, friendly society, ICVC, insurer, MiFID investment firm 105media firm, service company, insurance intermediary, home finance administrator, mortgage intermediary, home finance provider96 92or regulated benchmark administrator92.