IPRU-INV 5.2 General requirement
Adequacy of financial resources
Basic requirement
Financial resources
A firm's financial resources means:
- (a)
its own funds, if the firm is subject to an own funds requirement under IPRU-INV 5.4.2R2; or
- (b)
its liquid capital, if the firm is subject to a liquid capital requirement under IPRU-INV 5.4.1R.