Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 26 November 2018 - onwards
  Version 4 of 4    

24. Definitions.

(1) In this Part -

"barrister" means a practising barrister

"beneficial owner" has the meaning assigned to it by sections 26 to 30

"business relationship" in relation to a designated person and a customer of the person, means a business, professional or commercial relationship between the person and the customer that the person expects to be ongoing;

"business risk assessment" has the meaning given to it by section 30A;

"Capital Requirements Regulation" means Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 [OJ No. L 176, 27.6.2013, p. 1] on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012;

"collective investment undertaking" means -(a) an undertaking for collective investment in transferable securities authorised in accordance with the Europ