Article 2 Prescribed financial institutions
(1) All financial institutions are prescribed for the purposes of section 192B(4) of the Act, in so far as it applies -
(a) to parent undertakings of a recognised UK investment exchange (within the meaning of section 192B(5) of the Act), and
(b) for the purposes of Part 12A of the Act as that Part is applied in relation to the Bank of England by paragraph 17 of Schedule 17A to the Act (further provision in relation to exercise of Part 18 functions by Bank of England).
(2) Financial institutions of the following kinds are prescribed for the purposes of section 192B(4) of the Act in so far as it applies to parent undertakings of a qualifying authorised person -
(a) an insurance holding company;
(b) a financial holding company;
(c) a mixed financial holding company;
(d) a mixed activity holding company for the purposes set out in paragraph (3) and (4);