{
  "url": "https://openlegislation.uk/financial-services-banking-reform-act-2013-transitional-and-savings-provisions-order-2015/article-10A",
  "json_url": "https://openlegislation.uk/financial-services-banking-reform-act-2013-transitional-and-savings-provisions-order-2015/article-10A.json",
  "legislation": "uksi/2015/492",
  "legislation_title": "The Financial Services (Banking Reform) Act 2013 (Transitional and Savings Provisions) Order 2015",
  "legislation_url": "https://openlegislation.uk/financial-services-banking-reform-act-2013-transitional-and-savings-provisions-order-2015",
  "path": "article/10A",
  "kind": "article",
  "number": "10A",
  "heading": "Relevant non-UK institutions",
  "text": "(1) A “relevant non-UK institution” is a non-UK institution which—\n(a) meets condition A or B;\n(b) has a branch in the United Kingdom; and\n(c) is not an insurer.\n(2) Condition A is that the non-UK institution is a credit institution which has permission under Part 4A or resulting from Schedule 3 or 4 to carry on the regulated activity of accepting deposits.\n(3) Condition B is that—\n(a) the non-UK institution is an investment firm;\n(b) it has permission under Part 4A or resulting from Schedule 3 or 4 to carry on the regulated activity of dealing in investments as principal; and\n(c) when carried on by it, that activity is a PRA-regulated activity.\n(4) In this article—\n(a) “branch” means a place of business that forms a legally dependent part of a non-UK institution and conducts directly all or some of the operations inherent in the institution’s business;\n(b) “credit institution” has the meaning given in section 71A(6)(c);\n(c) “investment firm” has the meaning given in section 424A.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Arts. 10A, 10B inserted (1.10.2015) by The Financial Services (Banking Reform) Act 2013 (Transitional and Savings Provisions) (Amendment) Order 2015 (S.I. 2015/1660), arts. 1(1), 5"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/492/article/10A",
    "retrieved_at": "2026-10-28T23:44:55.814883+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}