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Effective Period

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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004 (From field only).

netting

As Published: 2004

netting

13 a process by which the claims and obligations between two counterparties are offset against each other to leave a single net sum.

permitted unlisted securities

As Published: 2007

permitted unlisted securities

59 in relation to permitted links , means any investment (including a share , debt security , Treasury Bill, Tax Reserve Certificate or Certificate of Tax Deposit) that is not a listed security , but…

UK MiFID investment firm

As Published: 2007

UK MiFID investment firm

20 a MiFID investment firm whose Home State is the United Kingdom (this may include a natural person provided the conditions set out in Article 4(1)(1) of MiFID are satisfied).

specific risk PRA

As Published: 2006

specific risk PRA

45 a PRA for specific risk including any such PRA as applied under BIPRU 7.6.8 R (Table: Appropriate PRA).

weighted average life

As Published: 2011

weighted average life

21 (in accordance with the definitions section in CESR's guidelines on a common definition of European money market funds ) the weighted average of the remaining life (maturity) of each security held…

excepted contract

As Published: 2009

excepted contract

57 (in BCOBS ) has the same meaning as in the Consumer Protection (Distance Selling) Regulations 2000 (SI 2000/2334).

COND Sch 1 Record keeping requirements

As Published: 2004

COND Sch 1 Record keeping requirements

home purchase arranger

As Published: 2006

home purchase arranger

8 a firm with permission (or which ought to have permission ) for arranging a home purchase plan .

fixed overheads requirement

As Published: 2006

fixed overheads requirement

23 the part of the capital resources requirement calculated in accordance with GENPRU 2.1.53 R (Calculation of the fixed overheads requirement).

tier two capital

As Published: 2002

tier two capital

(1) 14 46 121 [deleted] 46 121 (2) (in 26 BIPRU , GENPRU and INSPRU 26 ) an item of capital that is specified in stages G (Upper tier two capital) 26 or H (Lower tier two capital) 26 of the capital re…

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…

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…

SUP 16 Annex 16 [deleted]

As Published: 2002

SUP 16 Annex 16 [deleted]

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…

COAF Sch 6 Rules that can be waived

As Published: 2004

COAF Sch 6 Rules that can be waived