Search Result
larger denomination share
As Published: 2001
larger denomination share
any share that is not a smaller denomination share . 2…
former member
As Published: 2001
former member
a person who has ceased to be a member , whether by resignation or otherwise, in accordance with Lloyd's Act 1982 and any byelaw made under it. 2…
projection period
As Published: 2007
projection period
61 (in COBS ) the period covered by a standardised deterministic projection , which begins on the date the investment is reasonably expected to be made and ends on the projection date described in par…
volatility risk
As Published: 2004
volatility risk
5 the potential loss due to fluctuations in implied option volatilities.
CASS resolution pack
As Published: 2012
CASS resolution pack
those documents and records which are specified in CASS 10.2 and CASS 10.3 . 128…
execution-only sale
As Published: 2012
execution-only sale
74 (a) a home finance transaction entered into by a firm with, or arranged by a firm for, a customer ; or (b) a variation of an existing home finance transaction entered into by a firm with, or arrang…
PRR charge
As Published: 2006
PRR charge
43 one of the following: (a) the interest rate PRR ; (b) the equity PRR ; (c) the commodity PRR ; (d) the foreign currency PRR ; (e) the option PRR ; (f) the collective investment undertaking PRR ; an…
requisite details
As Published: 2001
requisite details
the details required in regulation 1 of 64 the EEA Passport Rights Regulations and set out in SUP 13 Annex 1 (Requisite details: branches).
rule on use of dealing commission
As Published: 2007
rule on use of dealing commission
57 COBS 11.6.3 R .
legal or equitable mortgage
As Published: 2013
legal or equitable mortgage
51 in accordance with article 60L of the Regulated Activities Order , includes a legal or equitable 56 charge and, in Scotland, a heritable security.
regulated activity group
As Published: 2006
regulated activity group
49 A set of one or more regulated activities (with associated investment types and customer types) referred to in SUP 16 to determine a firm's or other regulated person's data item submission requirem…
ISA manager
As Published: 2001
ISA manager
a person who is approved by HM Revenue and Customs 35 for the purposes of the ISA Regulations as an account manager. 5…
regulatory basis only life firm
As Published: 2004
regulatory basis only life firm
29 a firm carrying on long-term insurance business .
PRA-approved person
As Published: 2013
PRA-approved person
224 an approved person in relation to whom the PRA has given its approval under section 59 of the Act (Approval for particular arrangements) for the performance of a PRA controlled function .
qualified investor scheme
As Published: 2014
qualified investor scheme
an authorised fund whose instrument constituting the fund 24 contains the statement in COLL 8.2.6 R 1(2) (Table: contents of the instrument constituting the fund 24 ) that it is a qualified investor s…
scheme of operations
As Published: 2001
scheme of operations
a scheme which: (a) describes the nature of the risks which the insurer is underwriting, or intends to underwrite, and the guiding principles which it intends to follow in reinsuring or covering those…