Section 24(1) of the Act of 2010 is amended -
(a) by the insertion of the following definitions after the definition of "business relationship":
"'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 European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. No. 352 of 2011) or otherwise in accordance with the Directive of 2009,
(b) an alternative investment fund within the meaning of the European Union (Alternative Investment Fund Managers) Regulations 2013 (S.I. No. 257 of 2013),
(c) a management
…