Term
Definition
Letter: A
acting as trustee of an authorised unit trust scheme
the regulated activity, specified in article 51(1)(b) of the Regulated Activities Order (Establishing etc a collective investment scheme), of acting as a trustee of an authorised unit trust scheme.
- 01/12/2004
appointed representative
(in accordance with section 39 of the Act (other than an authorised person) who:
(a) is a party to a contract with an authorised person (his principal) which:
(i) permits or requires him to carry on business of a description prescribed in the Appointed Representatives Regulations; and
(ii) complies with such requirements as are prescribed in those Regulations; and
(b) is someone for whose activities in carrying on the whole or part of that business his principal has accepted responsibility in writing;
and who is therefore an exempt person in relation to any regulated activity comprised in the carrying on of that business for which his principal has accepted responsibility.- 01/12/2004
Appointed Representatives Regulations
the Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001 (SI 2001/1217).
- 01/12/2004
authorised corporate director
the director of an ICVC who is the authorised corporate director of the ICVC in accordance with COLL 6.5.3 R (Appointment of an ACD) or, as the case may be, CIS 7.2.1 R (The directors) including, if relevant, an EEA UCITS management company.
- 01/12/2004
authorised fund manager
an ACD or an authorised unit trust manager.
- 01/12/2004
authorised person
(in accordance with section 31 of the Act (Authorised persons)) one of the following:
(b) an incoming EEA firm;
(c) an incoming Treaty firm;
(d) a UCITS qualifier;
(e) an ICVC;
(f) the Society of Lloyd's.
(see also GEN 2.2.18 R for the position of an authorisedpartnership or unincorporated association which is dissolved.)- 01/12/2004
authorised professional firm
a professional firm which is an authorised person.
- 01/12/2004
authorised UK representative
(in relation to a firm) a person resident in the United Kingdom who is authorised to act generally, and to accept service of any document, on behalf of the firm.
- 01/12/2004
authorised unit trust scheme
(as defined in section 237(3) of the Act (Other definitions)) a unit trust scheme which is authorised for the purposes of the Act by an authorisation order.
- 01/12/2004
authorised Voluntary Jurisdiction participant
a participant in the Voluntary Jurisdiction who is an authorised person.
- 01/12/2004