Search Result
defined benefit asset
As Published: 2005
defined benefit asset
the excess of the value of the assets in a defined benefit occupational pension scheme over the present value of the scheme liabilities, to the extent that a firm , as employer, in accordance with the…
small business
As Published: 2001
small business
(in COMP ) a partnership , body corporate , unincorporated association or mutual association with an annual turnover of less than £1 million (or its equivalent in any other currency at the relevant ti…
qualifying equity
As Published: 2006
qualifying equity
10 a share that satisfies the conditions in BIPRU 7.3.35 R (Definition of a qualifying equity).
proven reserves
As Published: 2005
proven reserves
(in LR ): (a) in respect of mineral companies primarily involved in the extraction of oil and gas resources, those reserves which, on the available evidence and taking into account technical and econo…
exempt full scope BIPRU investment firm
As Published: 2009
exempt full scope BIPRU investment firm
58 a full scope BIPRU investment firm falling into BIPRU 12.1.4R.
AVC
As Published: 2001
AVC
a voluntary contribution arrangement paid by a member of an occupational pension scheme under the terms of the scheme or of a separate contract. 49…
Second Life Directive
As Published: 2001
Second Life Directive
the Council Directive of 8 November 1990 on the coordination of laws, etc and laying down provisions relating to facilitate the effective exercise of freedom to provide services and amending Directive…
permitted third party
As Published: 2001
permitted third party
a third party who is: (a) an authorised person ; or (b) an exempt person for whom an authorised person is accepting responsibility; or (c) a person lawfully carrying on a regulated activity in another…
net underwriting exposure
As Published: 2006
net underwriting exposure
19 has the meaning in BIPRU 7.8.34R (Large exposure risk from underwriting securities: Calculating the net underwriting exposure) which is in summary the amount calculated by applying the reduction fa…
investment trust savings scheme
As Published: 2001
investment trust savings scheme
(a) a dealing service (whether or not held within a pension contract ) dedicated to the securities of one or more investment trusts ; 30 (b) securities to be acquired through an investment trust savin…
table of controlled functions
As Published: 2001
table of controlled functions
the table of controlled functions in SUP 10.4.5 R . 3…
making arrangements with a view to a home finance transaction
As Published: 2006
making arrangements with a view to a home finance transaction
34 any of the regulated activities of making arrangements with a view to a regulated mortgage contract , making arrangements with a view to a home reversion plan , 63 making arrangements with a view t…
ICOBS Sch 3 Fees and other required payments requirements
As Published: 2007
ICOBS Sch 3 Fees and other required payments requirements
…
mini-ISA
As Published: 2001
mini-ISA
3 an ISA which contains only one of the following qualifying investments (a) a stocks and shares component ; (b) a cash component ; (c) an insurance component ; as prescribed in paragraph 7, 8 or 9 re…
own account order
As Published: 2001
own account order
an order which relates to an own account transaction . 4…
published recommendation
As Published: 2001
published recommendation
5 any publication by or on behalf of a firm (including publication by sound broadcasting or television or other electronic means) which contains: (a) the results of research into investments ; or (b)…
issue
As Published: 2007
issue
(in relation to units ): 66 (1) (except in 66 EG 14 66 ) the issue of new units by the trustee of an AUT or by an ICVC ; (2) (in 66 EG 14 66 ): 66 (a) an issue in accordance with (1); and (b) the sale…
eligible claimant
As Published: 2001
eligible claimant
a person who is eligible to bring a claim for compensation under COMP 4.2.1 R . 4…