Glossary

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UK parent institution
Term Definition Legal instruments

mixed financial holding company

31/12/2020

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

means a parent undertaking other than a regulated entity, which together with its subsidiaries, at least one of which is a regulated entity which has its head office in the UK, and other entities constitutes a financial conglomerate.

Additional Notes

[Note: Art. 212(1)(h) of the Solvency II Directive]