SCHEDULES

SCHEDULE 6 Threshold Conditions

F1PART 1EPart 4A permission: conditions for which the PRA is responsible in relation to other PRA-authorised persons

Location of offices

5C.

(1)

If D is a body corporate incorporated in the United Kingdom—

(a)

D’s head office, and

(b)

if D has a registered office, that office,

must be in the United Kingdom.

(2)

If D is not a body corporate but D’s head office is in the United Kingdom, D must carry on business in the United Kingdom.