Search Result
property-linked assets
As Published: 2007
property-linked assets
59 in relation to an insurer , long-term insurance assets that are, for the time being, identified in the records of the insurer as being assets by reference to the value of which property-linked bene…
specific risk backtesting exception
As Published: 2006
specific risk backtesting exception
45 (in BIPRU 7.10 (Use of a value at risk model) and in relation to a firm ) an exception arising out of backtesting a VaR model with respect to specific risk as more fully defined in that firm's VaR…
CAD 1 model
As Published: 2006
CAD 1 model
48 a risk management model of the type described in BIPRU 7.9 (Use of a CAD 1 model).
payment instrument
As Published: 2009
payment instrument
76 (in BCOBS ) any personalised device or personalised set of procedures agreed between the banking customer and the firm used by the banking customer to initiate an instruction or request by the bank…
home purchase intermediary
As Published: 2006
home purchase intermediary
8 a firm with permission (or which ought to have permission ) to carry on a home purchase mediation activity .
foreign currency PRR
As Published: 2006
foreign currency PRR
23 the part of the market risk capital requirement calculated in accordance with BIPRU 7.5 (Foreign currency PRR) or, in relation to a particular position, the portion of the overall foreign currency…
treasury shares
As Published: 2005
treasury shares
shares which meet the conditions set out in paragraphs (a) and (b) of subsection 724(5) of the Companies Act 2006. 38…
defined benefit liability
As Published: 2005
defined benefit liability
the shortfall of the value of the assets in a defined benefit occupational pension scheme below the present value of the scheme liabilities, to the extent that a firm , as employer, in accordance with…
small e-money issuer
As Published: 2002
small e-money issuer
(as defined by article 9C(10 of the Regulated Activities Order ( Persons certified as small issuers etc)) a person to whom a certificate has been given by the FSA under that article (and whose certifi…
COAF
As Published: 2001
COAF
the part of the Handbook in Redress which has the title Complaints against the FSA. 3…
qualifying equity index
As Published: 2006
qualifying equity index
10 an equity index falling into in BIPRU 7.3.38 R (Definition of a qualifying equity index).
qualified investor
As Published: 2005
qualified investor
(in PR ) (as defined in section 86(7) of the Act ): (a) any entity within the meaning of Article 2(1)(e)(i), (ii) or (iii) of the prospectus directive ; or (b) an investor registered on the register m…
certificate representing debt securities
As Published: 2005
certificate representing debt securities
(in LR ) a certificate representing certain securities where the certificate or other instrument confers rights in respect of debentures , alternative debentures , 112 or government and public securit…
Second Non-Life Directive
As Published: 2001
Second Non-Life Directive
the Council Directive of 22 June 1988 on the coordination of laws, etc and laying down provisions to facilitate the effective exercise of freedom to provide services and amending Directive 73/239/EEC…
person
As Published: 2001
person
(in accordance with the Interpretation Act 1978) any person, including a body of persons corporate or unincorporate (that is, a natural person, a legal person and, for example, a partnership ). 5…
net underwriting position
As Published: 2006
net underwriting position
19 the net underwriting position calculated under BIPRU 7.8.17R (Calculating the net underwriting position).