• Category 3C

    • PRU 1.3.5 PRU 1.3.5

      An Authorised Person is in Category 3C if:

      (a) its Financial Services Permission authorises it to carry on one or more of the Regulated Activities of:
      (i) Managing Assets;
      (ii) Managing a Collective Investment Fund;
      (iii) Providing Custody (where it does so other than for a Fund);
      (iv) Managing a Profit Sharing Investment Account which is a PSIAr;
      (v) Providing Trust Services (where it is acting as trustee in respect of at least one express trust); or
      (vi) Providing Money Services; and
      (b) it does not meet the criteria of Categories 1, 2, 3A, 3B or 5.

      • Guidance

        A Category 3C Authorised Person may be authorised to conduct other Regulated Activities, but it is the authorisation for Managing Assets, Managing a Collective Investment Fund, Providing Custody other than for a Fund or Managing a Profit Sharing Investment Account which is a PSIAr, Providing Trust Services (where it is acting as a trustee in respect of at least one express trust) or Providing Money Services, and the absence of authorisation for the activities specified in Rules 1.3.1, 1.3.2, 1.3.3 and 1.3.4 that are determinative of its belonging to Category 3C.