Part 3: Banking Section 18: Banking companies: expenses relating to compensation Details of the section Section 133H
New section 133H provides the definition of investment bank for the purposes of new section 133E. This definition covers specific types of entity which are regulated by the Financial Conduct Authority or the Prudential Regulation Authority, or which were previously regulated by the Financial Services Authority.
	Subsections (2) to (4) modify the definition for different time periods.
	Subsection (5) explains terms used within subsections (2) to (4), including as they are to be applied at different times.
	Subsection (6) extends the definition to companies carrying on activities in the UK but with a registered office or head office overseas.
	Subsection (7) defines the terms used in this section.