conditional permitted scheme interests

    in relation to conditional permitted links, and in respect of a firm’s business with linked policyholders, a qualified investor scheme or its EEA equivalent, or any unregulated collective investment scheme that:

      1. (a) is not a permitted scheme interest;
      1. (b) invests in conditional permitted links, either exclusively or in combination with permitted links; and
      1. (c) publishes its prices regularly.
Glossary Legal Instruments