Search Result
third-country financial conglomerate
As Published: 2004
third-country financial conglomerate
13 a financial conglomerate that is of a type that falls under Article 5(3) of the Financial Groups Directive , which in summary is a financial conglomerate headed by a regulated entity or a mixed fin…
relevant credit union client
As Published: 2016
relevant credit union client
169 (in CREDS ): (a) an individual; (b) a charity which has an annual income of less than £1 million; or (c) a small business .
external valuer
As Published: 2013
external valuer
85 a person who performs the valuation function described in article 19 of the AIFMD in respect of an AIF managed by a full-scope UK AIFM , and is not the AIFM of that AIF .
Company Announcements Office
As Published: 2001
Company Announcements Office
the Company Announcements Office of the London Stock Exchange, the information dissemination provider approved by the UKLA . 3…
advertisement
As Published: 2005
advertisement
(in PR and LR 4 ) (as defined in the PD Regulation ) announcements: (a) relating to a specific offer to the public of securities or to an admission to trading on a regulated market; and (b) aiming to…
assets outside expected RFB subgroups
As Published: 2016
assets outside expected RFB subgroups
136 the assets of a ring-fencing fees group which it has advised the PRA are 138 not intended to be held by 138 a ring-fenced body or its UK subgroup for ring-fencing purposes from 138 1 January 2019.
hypothetical profit and loss figure
As Published: 2011
hypothetical profit and loss figure
25 (in BIPRU 7.10 (Use of a value at risk model) and in relation to a business day ) the profit and loss figure that would have occurred for that business day if the portfolio on which the VaR number…
issue price
As Published: 2001
issue price
5 (in relation to the issue of units of a dual-priced authorised fund ) the price 46 for each unit payable by the authorised fund manager to the depositary 46 on that issue .
stocks and shares ISA business
As Published: 2014
stocks and shares ISA business
126 a firm's activities, in its capacity as an ISA manager , in connection with an ISA which contains only a stocks and shares component and is not either or both MiFID business and designated investm…
interim levy
As Published: 2018
interim levy
162 a levy imposed by the FSCS , other than an annual levy .
independent advice
As Published: 2010
independent advice
89 a personal recommendation to a client 150 where the personal recommendation provided meets the requirements of the rule on independent advice ( COBS 6.2B.11R 150 ).
with-profits advisory arrangement
As Published: 2012
with-profits advisory arrangement
(a) 23 an independent person; or (b) if appropriate, one or more non-executive directors appointed to provide independent judgment to the governing body of a firm ; FCA controlled functions which sati…
SUP 16 Annex 40 Data items related to recovery and information for resolution plans
As Published: 2015
SUP 16 Annex 40 Data items related to recovery and information for resolution plans
…
joint enterprise
As Published: 2001
joint enterprise
(as defined in article 3(1) of the Regulated Activities Order (Interpretation)) an enterprise into which two or more persons ("the participators") enter for commercial purposes related to a business o…