Regulation 3 Persons who may elect to participate
(1) For the purposes of section 214(5) of the Act (persons who may elect to participate), the following categories are prescribed -
(a) any investment firm or relevant management company which has established a branch in the United Kingdom in exercise of an EEA right and is a member of a home State investor-compensation scheme which meets the condition in paragraph (2);
(b) any credit institution which has established a branch in the United Kingdom in exercise of an EEA right and is a member of a home State deposit-guarantee scheme which meets the condition in paragraph (3);
(c) any insurance intermediary which is not an investment firm or a credit institution;
(d) any relevant AIFM which has established a branch in the United Kingdom in exercise of an EEA right to the extent that it -