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ex-section 43 lead regulated firm
As Published: 2001
ex-section 43 lead regulated firm
an ex-section 43 firm for which the FSA (in its capacity as the regulatory body under section 43 of the Financial Services Act 1986) was lead regulator for financial supervision purposes, and that was…
regulatory basis only life firm
As Published: 2004
regulatory basis only life firm
29 a firm carrying on long-term insurance business which is not a realistic basis life firm .
capital property
As Published: 2001
capital property
(in COLL and CIS ) the scheme property , other than income property and any amount for the time being standing to the credit of the distribution account . 3 20…
non-trading book
As Published: 2006
non-trading book
19 positions, exposures, assets and liabilities that are not in the trading book .
tax exempt policy
As Published: 2001
tax exempt policy
any contract of assurance, offered or issued by a friendly society , which is tax exempt life or endowment business as defined in section 466 (2) of the Income and Corporation Taxes Act 1988. 3…
BIPRU 8 Annex 3 Examples of how to identify a non-EEA sub-group
As Published: 2007
BIPRU 8 Annex 3 Examples of how to identify a non-EEA sub-group
…
repo
As Published: 2001
repo
(a) an agreement between a seller and buyer for the sale of securities , under which the seller agrees to repurchase the securities , or equivalent securities , at an agreed date and, usually, at a st…
current market value
As Published: 2006
current market value
48 (in accordance with Part 1 of Annex III of the Banking Consolidation Directive (Definitions) and for the purpose of BIPRU 13.5 (CCR standardised method)) the net market value of the portfolio of tr…
United Kingdom
As Published: 2001
United Kingdom
England and Wales, Scotland and Northern Ireland (but not the Channel Islands or the Isle of Man). 2…
home finance adviser
As Published: 2006
home finance adviser
8 a firm with permission (or which ought to have permission ) for advising on a home finance transaction .
Business Order
As Published: 2004
Business Order
10 the Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business Order) 2001 (SI 2001/1177).
international accounting standards
As Published: 2004
international accounting standards
29 means the international accounting standards, within the meaning of EC Regulation No. 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international acc…
commodity extended maturity ladder approach
As Published: 2006
commodity extended maturity ladder approach
48 the method of calculating the commodity PRR in BIPRU 7.4.32 R (Extended maturity ladder approach).
interest rate simplified maturity method
As Published: 2006
interest rate simplified maturity method
52 the method of calculating the part of the interest rate PRR that relates to general market risk set out in BIPRU 7.2.56 R (General market risk calculation: Simplified maturity method).
offer price
As Published: 2001
offer price
the price at which a person could purchase a unit in a dual-priced authorised fund or a security . 25…
break fee
As Published: 2005
break fee
(in LR ) a fee payable by a listed company if certain specified events occur which have the effect of materially impeding a transaction or causing the transaction to fail. 18…
equity release intermediary
As Published: 2006
equity release intermediary
31 a firm with permission (or which ought to have permission ) to carry on equity release mediation activity .
Financial Ombudsman Service
As Published: 2001
Financial Ombudsman Service
the scheme provided under Part XVI of the Act (The Ombudsman Scheme) under which certain disputes may be resolved quickly and with minimum formality by an independent person . 2…
oil
As Published: 2001
oil
mineral oil of any description and petroleum gases, whether in liquid or vapour form, including products and derivatives of oil. 4…