Search Result
habitual residence
As Published: 2001
habitual residence
(a) if the policyholder is an individual, the address given by the policyholder as his residence if it reasonably appears to be a residential address and there is no evidence to the contrary; (b) if t…
right of set-off
As Published: 2011
right of set-off
95 (in BCOBS ) any right of a firm , whether under a contract for a retail banking service or the general law, to set off or combine: (a) any debt due from a consumer ; or (b) any debit balance on an…
regulatory surplus value
As Published: 2004
regulatory surplus value
29 has the meaning set out in GENPRU 1.3.48R 46 .
tier three instrument
As Published: 2006
tier three instrument
26 an item of capital that falls into GENPRU 2.2.242R (Tier three capital: upper tier three capital resources) and is eligible to form part of a firm's upper tier three capital resources .
dual-priced authorised fund
As Published: 2006
dual-priced authorised fund
32 an authorised fund or, in the case of an umbrella , a sub-fund (if it were a separate fund), that is not a single-priced authorised fund .
preference share
As Published: 2004
preference share
25 a share conferring preference as to income or return of capital which does not form part of the equity share capital of a company . 85…
distributor
As Published: 2017
distributor
112 a firm which offers, recommends or sells investments or provides investment services to clients . [Note: recital 15 to the MiFID Delegated Directive ]…
underwriting agent
As Published: 2001
underwriting agent
a firm permitted by the Council to act as an underwriting agent at Lloyd's. 2…
disclosable information
As Published: 2001
disclosable information
any information which has to be disclosed in the market in accordance with any legal or regulatory requirement. 3…
debt administration
As Published: 2013
debt administration
84 a regulated activity of the kind specified in article 39G of the Regulated Activities Order .
UCITS implementing Directive No 2
As Published: 2011
UCITS implementing Directive No 2
43 Commission Directive (2010/44/EU) of the European Parliament and of the Council implementing Directive 2009/65/EC (UCITS IV) as regards certain provisions concerning fund mergers, master-feeder str…
MCD mortgage credit intermediation activity
As Published: 2015
MCD mortgage credit intermediation activity
99 the activity of acting as an MCD mortgage credit intermediary . [Note: article 4(5) of the MCD ]…
payment shortfall
As Published: 2012
payment shortfall
153 (1) the total sum of periodic instalments of capital or interest (or both) that have become due under the terms of a regulated mortgage contract but which, in breach of those terms, remains unpaid…
GISC facility
As Published: 2004
GISC facility
10 The Dispute Resolution Facility established by the General Insurance Standards Council.
direct sales of structured deposits
As Published: 2017
direct sales of structured deposits
114 the sale by a firm with permission for accepting deposits of its own structured deposits .
disclosure requirements
As Published: 2016
disclosure requirements
107 articles 17, 18 and 19 of the Market Abuse Regulation .
structured finance products
As Published: 2017
structured finance products
161 (as defined in article 2(1)(28) of MiFIR ) those securities created to securitise and transfer credit risk associated with a pool of financial assets entitling the security holder to receive regul…