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participant

      1. (a) (except in FEES 9) (in accordance with section 235(2) of the Act (Collective investment schemes)) a person who participates in a collective investment scheme.
      1. (b) (in FEES 9) in relation to a regulated payment system, any operator, payment service provider and infrastructure provider to that regulated payment system.
      1. (c) (in FEES 9) in relation to an IFR card payment system, any operator or in that IFR card payment system.
      1. [Note: see section 42(2) of FSBRA]
Glossary Related Taxonomy Legal Instruments