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home territory
As Published: 2001
home territory
1 (in relation to an overseas investment exchange ) the country or territory in which its head office is situated.
regulated consumer hire agreement
As Published: 2006
regulated consumer hire agreement
132 in accordance with article 60N of the Regulated Activities Order , a consumer hire agreement which is not an exempt agreement under articles 60O to 60Q of the Regulated Activities Order .
store card
As Published: 2001
store card
a card restricted to paying for goods or services from a particular supplier or group of suppliers and where the price of the goods or services is paid directly to the supplier or group of suppliers b…
regulatory provisions
As Published: 2001
regulatory provisions
229 any rules, guidance, arrangements or policy issued by the investment exchange in connection with its business as an investment exchange or in connection with the provision by it of clearing facili…
version 2 credit union
As Published: 2001
version 2 credit union
a credit union which is not a version 1 credit union . 2…
EEA territorial scope rule
As Published: 2007
EEA territorial scope rule
39 COBS 1 Annex 1 , Part 2 40 paragraph 1(1) (which provides that the territorial scope of COBS is modified to the extent necessary to be compatible with European law).
lead generator
As Published: 2014
lead generator
56 a person that acquires the personal contact details of customers and passes the customers' details to a firm in return for a fee.
net written premiums
As Published: 2004
net written premiums
13 gross written premiums , less reinsurance premiums payable under reinsurance ceded.
transactions by acquirers operating in the United Kingdom
As Published: 2015
transactions by acquirers operating in the United Kingdom
69 all transactions acquired by: (a) UK -based acquirers resulting in payments to merchants located in the United Kingdom ; (b) UK -based acquirers resulting in payments to merchants located outside t…
property-linked assets
As Published: 2007
property-linked assets
59 in relation to an insurer , long-term insurance assets that are, for the time being, identified in the records of the insurer as being assets by reference to the value of which property-linked bene…
specific risk backtesting exception
As Published: 2006
specific risk backtesting exception
45 (in BIPRU 7.10 (Use of a value at risk model) and in relation to a firm ) an exception arising out of backtesting a VaR model with respect to specific risk as more fully defined in that firm's VaR…
foreign currency loan
As Published: 2015
foreign currency loan
81 an MCD credit agreement where the credit is: (a) denominated in a currency other than that in which the consumer receives the income or holds the assets from which the credit is to be repaid; or (b…
CAD 1 model
As Published: 2006
CAD 1 model
48 a risk management model of the type described in BIPRU 7.9 (Use of a CAD 1 model).
payment instrument
As Published: 2009
payment instrument
76 (in BCOBS ) any personalised device or personalised set of procedures agreed between the banking customer and the firm used by the banking customer to initiate an instruction or request by the bank…
home purchase intermediary
As Published: 2006
home purchase intermediary
8 a firm with permission (or which ought to have permission ) to carry on a home purchase mediation activity .
foreign currency PRR
As Published: 2006
foreign currency PRR
23 the part of the market risk capital requirement calculated in accordance with BIPRU 7.5 (Foreign currency PRR) or, in relation to a particular position, the portion of the overall foreign currency…
treasury shares
As Published: 2005
treasury shares
shares which meet the conditions set out in paragraphs (a) and (b) of subsection 724(5) of the Companies Act 2006. 38…
defined benefit liability
As Published: 2005
defined benefit liability
the shortfall of the value of the assets in a defined benefit occupational pension scheme below the present value of the scheme liabilities, to the extent that a firm , as employer, in accordance with…
TD implementing Directive
As Published: 2006
TD implementing Directive
28 Commission Directive implementing Directive 2004/109/EC of the European Parliament and of the Council laying down rules for the harmonisation of transparency requirements in relation to information…