SCHEDULES
SCHEDULE 14Amendments of Part 24 of FSMA 2000: insolvency
2
In section 355 (interpretation of Part 24) at the end of subsection (1) insert—
“PRA-regulated person” means a person who—
- a
is or has been a PRA-authorised person,
- b
is or has been an appointed representative whose principal (or one of whose principals) is, or was, a PRA-authorised person, or
- c
is carrying on or has carried on a PRA-regulated activity in contravention of the general prohibition.