• PRU 1.3.6 PRU 1.3.6

    An Authorised Person is in Category 4 if:

    (a) its Financial Services Permission authorises it to carry on one or more of the Regulated Activities of Arranging Credit, Arranging Deals in Investments, Advising on Investments or Credit, Arranging Custody, Insurance Intermediation, Providing Trust Services (where it is not acting as trustee in respect of an express trust), Insurance Management, Acting as the Administrator of a Collective Investment Fund, Administering a Specified Benchmark, Operating a Credit Rating Agency, Operating a Multilateral Trading Facility or Organised Trading Facility, Operating a Representative Office or Providing Information in Relation to a Specified Benchmark; and
    (b) it does not meet the criteria of Categories 1, 2, 3A, 3B, 3C or 5.

    • Guidance

      An Authorised Person in Category 4 may not be authorised to conduct any other Regulated Activity beyond those listed in Rule 1.3.6(a); if it were so authorised it would belong to another Category.