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Term Definition Legal instruments

IFPRU limited activity firm

12/10/2016

THIS DEFINITION ONLY APPLIES TO THE FINANCIAL CONGLOMERATES PART

means a limited activity firm that meets the following conditions:

(1) it is an FCA-authorised firm;

(2) its head office is in the UK; and

(3) it is not excluded under IFPRU 1.1.5 in the FCA Handbook.