Status: You are viewing the version of the handbook as on 2016-06-30.

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 EU CRR.
      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 with:77
        1. (a) IPRU(INV) 13.1A.14R (Own funds) for a personal investment firm that is an exempt CAD firm; or77
        1. (b) IPRU(INV) 13.10.2R to IPRU(INV) 13.10.2AR (Calculation of own funds) for a personal investment firm that is a category B firm whose permission includes establishing, operating or winding up a personal pension scheme.77
      1. 65(4) [deleted]65
      1. (5) (except in (1) to (4)) has the meaning in article 4(1)(118) of the CRR.61