PRA Rulebook Glossary

Printed on: 05/07/2024

Rulebook at: 03/07/2024

Term

Definition

Letter: A

approved person

means a person in relation to whom the FCA or the PRA has given its approval under section 59 of FSMA (Approval for particular arrangements) for the performance of a controlled function.

  • 19/06/2014

authorised contractual scheme

s237(3) FSMA

  • 01/01/2016

authorised electronic money institution

has the meaning given in regulation 2(1) of the Electronic Money Regulations.

  • 12/03/2023

authorised payment institution

has the meaning given in regulation 2(1) of the Payment Services Regulations.

  • 12/03/2023

authorised person

s417(1) FSMA

  • 02/04/2015

authorised UK representative

means (in relation to a firm) a person resident in the UK who is authorised to act generally, and to accept service of any document, on behalf of the firm.

  • 01/01/2016

authorised unit trust scheme

s237(3) FSMA

  • 01/01/2016