Designated investment firm: Difference between revisions

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Latest revision as of 20:09, 29 June 2022

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

External link

PRA designated firms list