Search Result
United Kingdom
As Published: 2001
United Kingdom
England and Wales, Scotland and Northern Ireland (but not the Channel Islands or the Isle of Man). 2…
home finance adviser
As Published: 2006
home finance adviser
8 a firm with permission (or which ought to have permission ) for advising on a home finance transaction .
Consolidated Motor Insurance Directive
As Published: 2010
Consolidated Motor Insurance Directive
113 the European Parliament and Council Directive of 16 September 2009 relating to insurance against civil liability in respect of the use of motor vehicles, and the enforcement of the obligation to i…
Business Order
As Published: 2004
Business Order
10 the Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business Order) 2001 (SI 2001/1177).
made to; made only to; to whom it is made
As Published: 2007
made to; made only to; to whom it is made
47 a financial promotion is made to a person if it is addressed, whether orally or in legible form, to a particular person or person s (for example where it is contained in a telephone call or letter)…
international accounting standards
As Published: 2004
international accounting standards
29 means the international accounting standards, within the meaning of EC Regulation No. 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international acc…
commodity extended maturity ladder approach
As Published: 2006
commodity extended maturity ladder approach
48 the method of calculating the commodity PRR in BIPRU 7.4.32 R (Extended maturity ladder approach).
interest rate simplified maturity method
As Published: 2006
interest rate simplified maturity method
52 the method of calculating the part of the interest rate PRR that relates to general market risk set out in BIPRU 7.2.56 R (General market risk calculation: Simplified maturity method).
offer price
As Published: 2001
offer price
the price at which a person could purchase a unit in a dual-priced authorised fund or a security . 25…
underlying instrument
As Published: 2005
underlying instrument
(in LR ) (in relation to securitised derivatives ) means either: (a) if the securitised derivative is an option or debt security with the characteristics of an option , any of the underlying investmen…
equity release intermediary
As Published: 2006
equity release intermediary
31 a firm with permission (or which ought to have permission ) to carry on equity release mediation activity .
Financial Ombudsman Service
As Published: 2001
Financial Ombudsman Service
the scheme provided under Part XVI of the Act (The Ombudsman Scheme) under which certain disputes may be resolved quickly and with minimum formality by an independent person . 2…
oil
As Published: 2001
oil
mineral oil of any description and petroleum gases, whether in liquid or vapour form, including products and derivatives of oil. 4…
sickness
As Published: 2001
sickness
(in relation to a class of contract of insurance ) the class of contract of insurance , specified in paragraph 2 of Part I of Schedule 1 to the Regulated Activities Order (Contracts of general insuran…
plus factor
As Published: 2006
plus factor
43 (in BIPRU 7.10 (Use of a value at risk model)) an increase to the minimum multiplication factor based on backtesting exceptions as more fully defined in BIPRU 7.10.124 R (Capital calculations: Mult…
Treaty right
As Published: 2004
Treaty right
the entitlement of a Treaty firm to qualify for authorisation under Schedule 4 to the Act (Treaty Rights).2001/7…
BCOBS Sch 3 Fees and other required payments
As Published: 2009
BCOBS Sch 3 Fees and other required payments
…
national guarantee fund
As Published: 2001
national guarantee fund
(in relation to an EEA State ) a body which: (a) has been set up or authorised in that State in accordance with article 1(4) of Council Directive (84/5/EEC); and (b) provides compensation for damages…
compensation scheme
As Published: 2001
compensation scheme
the Financial Services Compensation Scheme established under section 213 of the Act (The compensation scheme) for compensating persons in cases where authorised persons and appointed representatives 6…