Status: You are viewing the version of the handbook as on 2012-12-13.

non-core large exposures group

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    (in relation to a firm) has the meaning in BIPRU 10.9A.3 R (Definition of non-core large exposures group), which is in summary each non-core concentration risk group counterparty that is not a member of the core UK group but satisfies all the conditions for membership of the firm's core UK group except for BIPRU 10.8A.2 R (1) (Core concentration risk group counterparty), BIPRU 10.8A.2 R (5) (Establishment in the United Kingdom) and BIPRU 10.8A.5 R (2) (Capital maintenance arrangements).