(1) Subsections (1) and (3) of section 143D do not require the FCA to make rules applying to parent undertakings of FCA investment firms which belong to a group which includes a relevant body, but the FCA may make rules described in those subsections applying to such parent undertakings.
(2) In subsection (1), "relevant body" means -
(a) an undertaking (as defined in section 1161(1) of the Companies Act 2006) that has its head office in the United Kingdom and that has permission under Part 4A to accept deposits, other than -
(i) an undertaking that also has permission under Part 4A to effect or carry out contracts of insurance, or
(ii) a credit union within the meaning of section 1 of the Credit Unions Act 1979;
(b) an investment firm that is for the time being designated by the PRA under article 3 of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013 (S.I. 2013/556).
(3) The FCA may make rules applying to parent undertakings of FCA investment firms which
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