Content Options

Content Options

View Options

Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

technical provision

      1. (a) (for a firm which is not a Solvency II firm) a technical provision established in accordance with the Insurance Company – Technical Provisions part of the PRA Rulebook.7265
      1. (b) (for a Solvency II firm) means the technical provisions established in accordance with PRA Rulebook Solvency II Firms: Technical Provisions rule 2.1.65