For the purposes of the Act, the following regulated activities are PRA-regulated activities -

(a) the activity of accepting deposits as specified by article 5 of the Regulated Activities Order [Amended by S.I. 2002/682.];

(b) the activity of effecting a contract of insurance as principal as specified by article 10(1) of the Regulated Activities Order;

(c) the activity of carrying out a contract of insurance as principal as specified by article 10(2) of the Regulated Activities Order;

(ca) the activity carried out by a transformer vehicle when it assumes a risk from an undertaking, as specified by article 13A of the Regulated Activities Order;.

(d) dealing in investments as principal where carried on by a person designated by the PRA under article 3 of this Order;

(e) the activity of managing the underwriting capacity of a Lloyd's syndicate as a managing agent at Lloyd's as specified by article 57 of the Regulated Activities Order;