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Link to original content: http://www.legislation.gov.uk/uksi/2017/443/regulation/2/made/data.html
http://www.legislation.gov.uk/id/uksi/2017/443

PART 2Definition of “investment bank”

Amendment of definition2

1

An institution of a class specified in paragraph (2) is to be treated as an investment bank for the purpose of sections 232 to 236 of the Banking Act 2009.

2

This paragraph specifies the following classes of institution—

a

an institution which has permission under Part 4A of the Financial Services and Markets Act 20002 to carry on the activity specified by article 51ZA of the Financial Services and Markets Act 2000 (Regulated Activities) Order 20013 (managing a UCITS) or article 51ZC of that Order (managing an AIF); and

b

an institution which has permission under Part 4A of that Act to carry on the regulated activity specified by article 51ZB of that Order (acting as trustee or depositary of a UCITS) or article 51ZD of that Order (acting as trustee or depositary of an AIF).