Search Result
tier two instrument
As Published: 2004
tier two instrument
a 14 capital instrument 26 that meets the conditions inGENPRU 2.2.159R (General conditions for eligibility as tier two capital instruments) or GENPRU 2.2.177R (Upper tier two capital: General) 26 and…
execute
As Published: 2001
execute
(in relation to a transaction) carry into effect or perform the transaction, whether as principal or as agent, including instructing another person to execute the transaction. 4…
applicable asset
As Published: 2008
applicable asset
56 (a) in relation to MiFID business , a financial instrument ; or (b) in relation to safeguarding and administering investments that is not MiFID business , a designated investment .
carrying out contracts of insurance
As Published: 2001
carrying out contracts of insurance
the regulated activity , specified in article 10(2) of the Regulated Activities Order (Effecting and carrying out contracts of insurance), of carrying out a contract of insurance as principal. 3…
one-day VaR measure
As Published: 2006
one-day VaR measure
29 (in BIPRU 7.10 (Use of a value at risk model)) has the meaning in BIPRU 7.10.98R (Backtesting: One day VaR measure), which is in summary and in relation to a particular business day , the VaR numbe…
resilience capital requirement
As Published: 2004
resilience capital requirement
29 the capital component for long-term insurance business calculated in accordance with the rules in INSPRU 3.1.9G to INSPRU 3.1.26R 46 .
CREST
As Published: 2001
CREST
the computer-based system which enables securities to be held and transferred in uncertificated form and which is operated by CRESTCo Limited. 3…
BIPRU 8 Annex 5 Decision tree for identifying the consolidated capital resources requirement of a UK consolidation group or a non-EEA sub-group.
As Published: 2007
BIPRU 8 Annex 5 Decision tree for identifying the consolidated capital resources requirement of a UK consolidation group or a non-EEA sub-group.
…
RAP recognition requirements
As Published: 2011
RAP recognition requirements
105 (1) (in relation to an RAP ) any of the requirements applicable to an RAP under the RAP regulations , the auction regulation or the MiFID Regulation . (2) (in relation to a UK RIE applying for rec…
business illustration
As Published: 2003
business illustration
9 an illustration for a regulated mortgage contract that is for a business purpose.
standard terms
As Published: 2001
standard terms
(in DISP ) the contractual terms made under paragraph 18 of Schedule 17 to the Act (The Ombudsman Scheme), under which VJ participants participate in the Voluntary Jurisdiction . 5 22…
BIPRU 1 Annex 2D Application form to apply the IRB approach
As Published: 2007
BIPRU 1 Annex 2D Application form to apply the IRB approach
…
home finance provider
As Published: 2006
home finance provider
8 a firm with permission (or which ought to have permission ) for entering into a home finance transaction .
discretionary pension benefit
As Published: 2010
discretionary pension benefit
68 (in SYSC 19A ) enhanced pension benefits granted on a discretionary basis by a firm to an employee as part of that employee's variable remuneration package, but excluding accrued benefits granted t…
non-UK DLG by modification
As Published: 2009
non-UK DLG by modification
35 either of the following: (a) a non-UK DLG by modification (firm level) ; or (b) a non-UK DLG by modification (DLG level) .
non-retail communication
As Published: 2007
non-retail communication
23 a financial promotion and: (a) is made only to recipient who the firm reasonably believes are professional clients or eligible counterparties ; or (b) may reasonably be regarded as directed only at…
significant influence function
As Published: 2001
significant influence function
any of the controlled functions 1 to 12B, and 28 and 29 62 in the table of controlled functions . 5…
CTF
As Published: 2004
CTF
24 (as defined in section 1(2) of the Child Trust Funds Act 2004) a child trust fund, that is, an account which: (1) is held by a child who is or has been an eligible child (as defined in section 2 of…
authorised UK representative
As Published: 2001
authorised UK representative
4 (in relation to a firm ) a person resident in the United Kingdom who is authorised to act generally, and to accept service of any document , on behalf of the firm .