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(as defined in article 1.23 of the Banking Consolidation Directive (Definitions)) and in relation to an undertaking in a consolidation group, sub-group or another group of persons) an undertaking complying with the following conditions:(a) its principal activity consists in:(i) owning or managing property;(ii) managing data-processing services; or(iii) any other similar activity;(b) the activity in (a) is ancillary to the principal activity of one or more credit institutions; and
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(in relation to any undertaking in a consolidation group, sub-group or other group of persons) an undertaking complying with the following conditions:(a) its principal activity consists of:(i) owning or managing property; or(ii) managing data-processing services; or(iii) any other similar activity;(b) the activity in (a) is ancillary to the principal activity of one or more insurance undertakings;(c) those insurance undertakings are also members of that consolidation group, sub-group or other group of persons; and(d) (for the purpose of PRU 8.4 (Cross sector groups), PRU 8.5 (Third country groups), PRU 8 Ann 1R G (Capital adequacy calculations for financial conglomerates) and PRU 8 Ann 2R (Prudential rules for third country groups) it is not an ancillary banking services undertaking.
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(in relation to any undertaking in a consolidation group, sub-group or other group of persons) an undertaking complying with the following conditions:(a) its principal activity consists of:(i) owning or managing property; or(ii) managing data-processing services; or(iii) any other similar activity;(b) the activity in (a) is ancillary to the principal activity of one or more investment firms;(c) those investment firms are also members of that consolidation group, sub-group or other group of persons; and(d) (for the purpose of PRU 8.4 (Cross sector groups), PRU 8.5 (Third country groups), PRU 8 Ann 1R G (Capital adequacy calculations for financial conglomerates) and PRU 8 Ann 2R (Prudential rules for third country groups) it is not an ancillary banking services undertaking.
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an activity which is not a regulated activity but which is:(a) carried on in connection with a regulated activity; or(b) held out as being for the purposes of a regulated activity.
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action, ancillary to stabilising action, permitted under MAR 2.4.2 R.