Exclusions Exclusions
United Kingdom
- 15Absence of holding out etc.
- 16Dealing in contractually based investments
- 17Acceptance of instruments creating or acknowledging indebtedness
- 18Issue by a company of its own shares etc.
- 18ADealing by a company in its own shares
- 19Risk management
- 19ATransformer vehicles: insurance risk transformation
- 20Other exclusions