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UK financial conglomerate

31/12/2020

 THIS DEFINITION ONLY APPLIES TO THE NOTIFICATIONS PART

The changes to this defined term are effective from 23:00 on 31/12/2020.

means a financial conglomerate that has:

(1) a regulated entity at the head of the financial conglomerate;

(2) a mixed financial holding company which has its head office in the UK; or

(3) a regulated entity linked with another financial sector entity by a common management relationship.