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range of stakeholder products, range
As Published: 2004
range of stakeholder products, range
28 (in relation to a firm ) the range of stakeholder products on which the firm gives advice (see COBS 9.6 57 ); References to a firm's range (or ranges) of stakeholder products include, where the con…
regulated information
As Published: 2005
regulated information
all information which an issuer , or any other person who has applied for the admission of financial instruments to trading on a regulated market without the issuer's consent, is required to disclose…
whole life assurance
As Published: 2001
whole life assurance
a contract of insurance which, disregarding any benefit payable on surrender, secures a capital sum only on death or either on death or on disability, but does not include a term assurance. 3…
EEA UCITS management company
As Published: 2003
EEA UCITS management company
(as defined in article 1a (2) of the UCITS Directive ) any incoming EEA firm , the regular business of which is the management of UCITS in the form of unit trusts or common funds or of investment comp…
Financial Collateral Directive
As Published: 2007
Financial Collateral Directive
25 the Council Directive of 6 June 2002 relating to financial collateral arrangements (No. 2002/47/EC).
approved derivative
As Published: 2001
approved derivative
(1) (in COLL 63 ) a derivative which is traded or dealt in on an eligible derivatives market. 21 (2) (in 37 INSPRU 37 ) a derivative in respect of which the conditions in 37 INSPRU 3.2.5 R 37 are met.
SCV report
As Published: 2009
SCV report
(in COMP ) a report in accordance with COMP 17.3.9 R from the relevant firm's board of directors confirming that the firm's SCV system satisfies the FSA's SCV requirements . 86…
Principles and Practices of Financial Management
As Published: 2003
Principles and Practices of Financial Management
10 the Principles and Practices of Financial Management, containing with-profits principles and with-profits practices , 52 which a firm carrying on with-profits business must establish, maintain and…
core market participant
As Published: 2006
core market participant
48 an entity of a type listed in BIPRU 5.4.64 R (The financial collateral comprehensive method: Conditions for applying a 0% volatility adjustment).
UK group large exposure
As Published: 2002
UK group large exposure
(in ELM ) (in relation to an ELMI ) the same thing as the ELMI's EEA group large exposure except that references to its EEA consolidated group are replaced with references to its UK consolidated group…
original financing costing amount
As Published: 2004
original financing costing amount
17 (in relation to a share , debenture or other investment in, or external contribution to the capital of, a firm that is subject to a step-up ) the financing cost amount for the instrument for a peri…
market risk capital requirement
As Published: 2006
market risk capital requirement
40 the part of the capital resources requirement of a BIPRU firm in respect of market risk , calculated in accordance with GENPRU 2.1.52R (Calculation of the market risk capital requirement).
relevant date
As Published: 2003
relevant date
14 (in MCOB 10 (Annual percentage rate)): (a) (where a date is specified in or determinable under an agreement at the date of its making as the date on which the debtor is entitled to require provisio…
section 178 notice
As Published: 2009
section 178 notice
(in accordance with section 178(3) of the Act ) a notice given to the FSA under section 178 of the Act . 76…
full BCDD credit institution
As Published: 2002
full BCDD credit institution
a BCD credit institution that falls within paragraph (1) 4 (a) 35 of the definition of credit institution .
stock financing
As Published: 2006
stock financing
45 a transaction where a physical commodity is sold forward and the cost of funding is locked in until the date of the forward sale.
composite insurer
As Published: 2004
composite insurer
19 (in relation to firm type in SUP 16.10 (Confirmation of standing data )) an insurer with permission to effect or carry out both long-term insurance contracts and general insurance.