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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.

own funds

      1. (1) (in GENPRU (except GENPRU 3 (Cross sector groups) and BIPRU (except BIPRU 12 (Liquidity standards))61 own funds as described in articles 56 to 67 of the Banking Consolidation Directive.
      1. (2) [deleted]
      1. (2A) 62(in IPRU(INV) 11) has the meaning in article 4(1)(118) of the UK CRR96.
      1. (3) (in IPRU(INV) 8) capital, as defined in CREDS 5.2.1 R.
      1. (3A) (in IPRU(INV) 13) the own funds of a firm calculated in accordance 77with IPRU(INV) 13.1A.14R (Own funds) for a personal investment firm that is an exempt CAD firm
        1. 77
        1. 77
      1. 65(4) [deleted]65
      1. (5) (except in (1) to (4)) has the meaning in article 4(1)(118) of the UK CRR96.61