Search Result
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).
fixed-term savings account
As Published: 2015
fixed-term savings account
91 a savings account where it is agreed that money is to be held in the account for a specified period and the customer is not permitted to withdraw the money before the expiry of that period, is rest…
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 .
FSBRA
As Published: 2015
FSBRA
79 101 the Financial Services (Banking Reform) Act 2013 (2013 c.33) 101 .
non-PRIIP packaged product
As Published: 2017
non-PRIIP packaged product
72 a packaged product other than a packaged retail and insurance-based investment product ( PRIIP ).
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…
period rate of charge
As Published: 2013
period rate of charge
111 (in CONC App 1.1 ) means a percentage rate of charge for a period, comprising all charges included in the total charge for credit determined in accordance with CONC App 1.1.4 R to CONC App 1.1.6 R…
certificate representing debt securities
As Published: 2005
certificate representing debt securities
(in LR ) a certificate representing certain securities where the certificate or other instrument confers rights in respect of debentures , alternative debentures , 112 or government and public securit…
authorised non-business overdraft agreement
As Published: 2014
authorised non-business overdraft agreement
107 a borrower-lender agreement which provides authorisation in advance for the borrower to overdraw on a current account, where: (a) the credit must be repaid on demand or within three months; (b) th…
MiFID RTS 27
As Published: 2017
MiFID RTS 27
118 Commission Delegated Regulation (EU) 2017/575 of 8 June 2016 supplementing MiFID with regard to regulatory technical standards for the data to be provided by execution venues on the quality of exe…
Second Non-Life Directive
As Published: 2001
Second Non-Life Directive
the Council Directive of 22 June 1988 on the coordination of laws, etc and laying down provisions to facilitate the effective exercise of freedom to provide services and amending Directive 73/239/EEC…