(1) Subject to regulation 4, these Regulations apply to the following persons acting in the course of business carried on by them in the United Kingdom ("relevant persons") -
(c) auditors, insolvency practitioners, external accountants and tax advisers;
(d) independent legal professionals;
(e) trust or company service providers;
(1A) Regulations 2, 20, 21, 23, 24, 35 to 42, and 44 to 48 apply to an auction platform acting in the course of business carried on by it in the United Kingdom, and such an auction platform is a relevant person for the purposes of those provisions.
(2) "Credit institution" means -
(a) a credit institution as defined in Article 4(1)(1) of the capital requirements regulation; or
(b) a branch (within the meaning of Article 4(1)(17) of that regulation) located in an EEA state of an institution falling within sub-paragraph (a) (or an equivalent instituti