Regulation 8 Interpretation of Part 6F1

In this Part—

• “2004 Regulations” means the Financial Conglomerates and Other Financial Groups Regulations 2004;

• “2019 Regulations” means the Financial Conglomerates and Other Financial Groups (Amendment etc.) (EU Exit) Regulations 2019;

• “conglomerates directive” means Directive 2002/87/EC of the European Parliament and the Council of 16^th December 2002 on the supplementary supervision of credit institutions, insurance undertakings, and investment firms in a financial conglomerate;

• “EEA co-ordinator” means a co-ordinator for a financial conglomerate as referred to in Article 10 of the conglomerates directive, which is not a competent authority of the United Kingdom;

• “FCA” means the Financial Conduct Authority;

• “financial conglomerate” means a group or subgroup which immediately before IP completion day was a financial conglomerate for the purposes of the conglomerates directive;

• “PRA” means the Prudential Regulation Authority;

• “third-country financial conglomerate” has the meaning given by regulation 7 of the 2004 Regulations (as amended by the 2019 Regulations).