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PIA Ombudsman scheme
As Published: 2001
PIA Ombudsman scheme
5 the former scheme set up by PIA under the Financial Services Act 1986 and operated by the PIA Ombudsman Bureau Ltd to handle complaints against members of PIA .
Third Non-Life Directive
As Published: 2001
Third Non-Life Directive
the Council Directive of 18 June 1992 on the coordination of laws, etc, and amending Directives 73/239/EEC and 88/357/EEC (No 92/49/EEC). 3…
reinsurance to close
As Published: 2001
reinsurance to close
(a) an agreement under which members of a syndicate in one syndicate year ("the reinsured members") agree with the members of that syndicate in a later syndicate year or the members of another syndica…
unrated position
As Published: 2006
unrated position
19 (for the purposes of BIPRU 9 (Securitisation), in accordance with Part 1 of Annex IX of the Banking Consolidation Directive (Securitisation definitions) and in relation to a securitisation position…
dual-regulated firm
As Published: 2015
dual-regulated firm
96 (in SYSC 19D ) a firm that is bank , a building society or a UK designated investment firm .
IRB permission
As Published: 2006
IRB permission
126 an Article 129 implementing measure , a requirement or a waiver that requires a BIPRU firm or a CAD investment firm to use the IRB approach .
regulated clearing arrangement
As Published: 2013
regulated clearing arrangement
124 as the context requires, either: (a) an arrangement under which a firm directly places client money in a client transaction account that is an individual client account or an omnibus client accoun…
Money Laundering Directive
As Published: 2001
Money Laundering Directive
the Council Directive of 10 June 1991 on the prevention of the use of the financial system for the purpose of money laundering (91/308/EEC) as amended by the Council Directive of 4 December 2001 (2001…
Distance Marketing Directive
As Published: 2003
Distance Marketing Directive
12 14 17 The Directive of the Council and Parliament of 23 September 2002 on distance marketing of consumer financial services (No 2002/65/EC).
Payment Services Directive
As Published: 2009
Payment Services Directive
71 230 Directive 2007/64/EC of the European Parliament and of the Council of 13th November 2007 on payment services in the internal market.
client money requirement
As Published: 2014
client money requirement
166 the total amount of client money a firm is required to have segregated in client bank accounts under the client money rules (see CASS 7.16.10 R ).
CTF provider
As Published: 2004
CTF provider
24 (in accordance with section 3(1) of the Child Trust Funds Act 2004) a person approved by HM Revenue and Customs 30 in accordance with the CTF Regulations .
establishing, operating or winding up a collective investment scheme
As Published: 2001
establishing, operating or winding up a collective investment scheme
the regulated activity , specified in article or 51ZE 82 of the Regulated Activities Order (Establishing etc a collective investment scheme), of establishing, operating or winding up a collective inve…
bearer certificate
As Published: 2001
bearer certificate
(in COLL ) a certificate or other documentary evidence of title, for which provision is made in the instrument constituting the fund 55 , which indicates that: (a) the holder of the document is entitl…
Solvency II Directive information
As Published: 2015
Solvency II Directive information
131 (in COBS ) Solvency II Directive information as required in COBS 13 Annex 1 .
ABCP programme
As Published: 2006
ABCP programme
37 (for the purposes of BIPRU 9 (Securitisation)) an asset backed commercial paper programme .
reporting level
As Published: 2009
reporting level
82 (in SUP 16 (Reporting requirements) and in relation to a data item ) refers to whether that data item is prepared on a solo basis or on the basis of a group such as a UK DLG by modification and, if…
mineral resources
As Published: 2005
mineral resources
(in LR ) include metallic and non-metallic ores, mineral concentrates, industrial minerals, construction aggregates, mineral oils, natural gases, hydrocarbons and solid fuels including coal. 28…