MIFIDPRU-eligible third country investment firm

    an investment firm that satisfies the following conditions:

      1. (1) its registered office or, if it has no registered office, its head office is outside the UK;
      1. (2) it is authorised by a third country competent authority in the state or territory in which the investment firm’s head office is located; and
      1. (3) the investment firm is subject to prudential supervisory and regulatory requirements in that state or territory that are comparable to those applied in the UK.
Glossary Legal Instruments