Regulation 8 Meaning of “exempt investment firm” in Chapter 1
United Kingdom
In this Chapter “exempt investment firm” means an authorised person who—
(a)
is an investment firm; and
(b)
has a Part 4A permission;
F1but to whom the appropriate regulator has granted exemption from authorisation and operating conditions which usually apply to investment firms.
Annotations
Textual amendments
- F1
Words in reg. 8 substituted (31.12.2020) by The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1403), regs. 1(3), 8(3) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 51) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xviii)