Designated investment firm: Difference between revisions
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imported>Doug Williamson (Create the page. Source: Bank of England webpage http://www.bankofengland.co.uk/pra/Pages/authorisations/designatedfirmslist.aspx) |
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*Meets minimum amount capital requirements; and | *Meets minimum amount capital requirements; and | ||
*Qualifies under the PRA’s designation criteria. | *Qualifies under the PRA’s designation criteria. | ||
The term 'designated investment firm' is sometimes used interchangeably with 'broker-dealer'. | |||
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==Other resource== | |||
*[http://www.bankofengland.co.uk/pra/Pages/authorisations/designatedfirmslist.aspx PRA designated firms list] | |||
[ | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Investment]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 13:07, 24 December 2024
Bank regulation and supervision.
In the UK, the Prudential Regulation Authority (PRA) defines a designated investment firm as one which:
- Has, or has applied for, permission to deal in investments as principal; and
- Meets minimum amount capital requirements; and
- Qualifies under the PRA’s designation criteria.
The term 'designated investment firm' is sometimes used interchangeably with 'broker-dealer'.
See also
- Broker
- Broker-dealer
- Dealer
- Investment bank
- Price discovery
- Principal
- Proprietary trading
- Prudential Regulation Authority
