Search Result
notional principal
As Published: 2001
notional principal
(a) (in relation to a contract for differences which is an index derivative ): (i) the current mark to market valuation of a contract for differences which resembles a futures contract; or (ii) the ex…
extraordinary public financial support
As Published: 2015
extraordinary public financial support
99 State aid within article 107(1) of the Treaty , or any other public financial support at supra-national level, which, if given at national level, would constitute state aid that is given to preserv…
marketing group
As Published: 2009
marketing group
66 a group of persons who: (a) are allied together (either formally or informally) for the purposes of marketing packaged products of the marketing group ; and (b) each of whom, if it holds itself out…
qualifying debt security
As Published: 2002
qualifying debt security
(1) 10 17 40 [deleted] 17 40 (2) (for the purposes of BIPRU ) a debt security that satisfies the conditions in BIPRU 7.2.49 R (Definition of a qualifying debt security). 10…
limited activity firm
As Published: 2006
limited activity firm
54 has the meaning in article 96(1) of the EU CRR .
long-term insurance capital requirement
As Published: 2004
long-term insurance capital requirement
13 (in relation to a firm carrying on long-term insurance business ) an amount of capital resources that the firm must hold calculated in accordance with 22 GENPRU 2.1.36R 22 .
regulatory surplus
As Published: 2005
regulatory surplus
32 (in relation to a long-term business fund, or sub-fund) the excess, if any, of the regulatory value of assets for the with-profits fund over the regulatory value of liabilities for that fund.
firm's equity balance
As Published: 2014
firm's equity balance
76 the sum of money described in CASS 7.16.29 R .
internal approaches
As Published: 2013
internal approaches
124 one or more of the following, as referred to in the EU CRR : (a) the Internal Ratings Based Approach in article 143(1); (b) the Internal Models Approach in article 221; (c) the own estimates appro…
MCOB 6 Annex 3 - Cooling-Off Document of a regulated sale and rent back agreement.
As Published: 2010
MCOB 6 Annex 3 - Cooling-Off Document of a regulated sale and rent back agreement.
…
partner
As Published: 2001
partner
(in relation to a firm which is a partnership ) any person appointed to direct its affairs, including: (a) a person occupying the position of a partner (by whatever name called); and (b) a person in a…
REC
As Published: 2001
REC
the Recognised Investment Exchange and Recognised Clearing House sourcebook. 5…
individual liquidity guidance
As Published: 2009
individual liquidity guidance
86 guidance given to a firm about the amount, quality and funding profile of liquidity resources that the appropriate regulator 194 has asked the firm to maintain.
chief executive
As Published: 2001
chief executive
(1) (in relation to an undertaking whose principal place of business is within the United Kingdom ) the person who, alone or jointly with one or more others, is responsible under the immediate authori…
authorised contractual scheme manager
As Published: 2013
authorised contractual scheme manager
100 a firm , including, if relevant, an EEA UCITS management company or incoming EEA AIFM 101 , which is the authorised fund manager of the ACS in accordance with the contractual scheme deed .
master netting agreement internal models approach permission
As Published: 2006
master netting agreement internal models approach permission
88 requirement or a waiver that requires a BIPRU firm to use the master netting agreement internal models approach on a solo basis or, if the context requires, a consolidated basis.
total group tier two capital
As Published: 2004
total group tier two capital
14 the sum calculated at stage B of the calculation in INSPRU 6.1.43R 26 .
cash
As Published: 2013
cash
149 in accordance with section 189(1) of the CCA , includes money in any form.
advising on investments (except pension transfers and pension opt-outs)
As Published: 2004
advising on investments (except pension transfers and pension opt-outs)
advising on investments (except P2P agreements) other than 131 in respect of pension transfers and pension opt-outs .