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lending firm
As Published: 2006
lending firm
22 (in accordance with Article 90 of the Banking Consolidation Directive (Credit risk mitigation) and for the purposes of rules in BIPRU 55 about credit risk mitigation ) a firm that has an exposure ,…
leading insurer
As Published: 2001
leading insurer
(in relation to a community co-insurance operation ) a co-insurer that assumes the leader's role in co-insurance practice and, in particular, determines the terms and conditions of insurance and ratin…
alternative approach mandatory prudent segregation record
As Published: 2014
alternative approach mandatory prudent segregation record
111 the record created and maintained by a firm under CASS 7.13.66 R to CASS 7.13.68 R 111 .
relevant information
As Published: 2001
relevant information
(1) 139 [deleted] 139 (2) (in REC ) (in relation to an investment ) information which is relevant to determining the current value of that investment or (in relation to RAPs ) information on the terms…
typical APR
As Published: 2014
typical APR
58 an APR at or below which the firm communicating or approving the financial promotion reasonably expects, at the date on which the financial promotion is communicated or approved , that credit would…
Great Britain credit union
As Published: 2012
Great Britain credit union
43 a body corporate registered under the Co-operative and Community Benefit Societies Act 2014 59 as a credit union in accordance with the Credit Unions Act which is an authorised person .
feeder AIF
As Published: 2013
feeder AIF
70 (in accordance with article 4(1)(m) of AIFMD ) an AIF which: (a) invests at least 85% of its assets in units or shares of another AIF (the ' master AIF '); or (b) invests at least 85 % of its asset…
Insurance market activity
As Published: 2003
Insurance market activity
means a regulated activity relating to contracts of insurance written at Lloyd's. 21…
PERG 2 Annex 1 Authorisation and regulated activities
As Published: 2005
PERG 2 Annex 1 Authorisation and regulated activities
…
adviser
As Published: 2001
adviser
4 (1) (except in IPRU(INV) 13) 68 an individual who is: a representative , 49 an appointed representative or a tied agent 49 (2) (in IPRU(INV) 13) a financial adviser . 68 17…
Unfair Terms Regulations
As Published: 2003
Unfair Terms Regulations
the Unfair Terms in Consumer Contracts Regulations 1999 (SI 1999/2083), as amended by SI 2001/1186 and SI 2001/3649. 6…
debt management firm
As Published: 2013
debt management firm
84 (a) a firm which carries on the activities of debt counselling or debt adjusting , alone or together, with a view to an individual entering into a particular debt solution ; or (b) a firm which car…
unsecured lending
As Published: 2003
unsecured lending
8 lending where the mortgage lender does not take a mortgage or other form of security in respect of the credit provided to the customer .
resolution authority
As Published: 2015
resolution authority
138 (a) (in the UK ) the Bank of England; or (b) (in another EEA State ) an authority designated as a resolution authority by that EEA State under article 3 of RRD .[Note: article 2(1)(18) of RRD ]…
UCITS Regulations 2011
As Published: 2011
UCITS Regulations 2011
43 the Undertaking for Collective Investment in Transferable Securities Regulations 2011 (SI 2011/1613).
relevant commencement date
As Published: 2004
relevant commencement date
24 (as defined in article 1 of the Mortgage and General Insurance Complaints Transitional Order ): (a) in relation to a complaint which relates to an activity to which, immediately before 14 January 2…
special adjustment
As Published: 2009
special adjustment
85 (in IPRU(INV) 13) a position risk adjustment, counterparty risk adjustment and foreign exchange adjustment.