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claims management client money rules
As Published: 2019
claims management client money rules
228 the rules and guidance in CASS 13 .
large company
As Published: 2001
large company
a body corporate which does not qualify as a small company under section 247 of the Companies Act 1985 2 , or section 382 of the Companies Act 2006 as applicable. 33…
write-down instrument
As Published: 2001
write-down instrument
38 (in SYSC 19G ) an instrument the terms of which require the principal amount of that instrument to be written down on the occurrence of a trigger event.
defined benefit scheme
As Published: 2007
defined benefit scheme
41 in relation to a director , means a pension scheme which is not a money purchase scheme .
2013 Pensions Regulations
As Published: 2022
2013 Pensions Regulations
176 the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (SI 2013/2734).
gross incurred claims ratio
As Published: 2021
gross incurred claims ratio
74 the proportion of the premiums (gross of reinsurance ) earned, that is paid out as claims (gross of reinsurance ).
unrecognised scheme
As Published: 2005
unrecognised scheme
(in LR ) a collective investment scheme which is neither a recognised scheme nor a scheme that is constituted as an authorised unit trust scheme or authorised contractual scheme 47 . 12…
interim income allocation date
As Published: 2001
interim income allocation date
any date specified in the prospectus of an authorised fund as the date on or before which an allocation of income will be made. 5…
tier 1 capital
As Published: 2021
tier 1 capital
104 (in MIFIDPRU ) the sum of a firm’s common equity tier 1 capital and additional tier 1 capital .
EEA commodities market
As Published: 2003
EEA commodities market
a market that facilitates trading in derivatives relating to commodities (other than a market operated by an RIE ) and which is operated by an entity that has its head office situated in the EEA and t…
Ombudsman Transitional Order
As Published: 2004
Ombudsman Transitional Order
the Financial Services and Markets Act 2000 (Transitional Provisions) (Ombudsman Scheme and Complaints Scheme) Order 2001 (SI 2001/2326).
whole of life insurance policy
As Published: 2022
whole of life insurance policy
37 (1) in relation to a new funeral plan , a contract of insurance meeting the requirements of FPCOB 3.1.8R ; (2) in relation to a subsisting funeral plan , a contract of insurance that was entered in…
net earned premiums
As Published: 2004
net earned premiums
13 gross earned premiums , less reinsurance premiums earned.
trading counterparty default
As Published: 2001
trading counterparty default
103 the exposures in the trading book of a MIFIDPRU investment firm in instruments and transactions specified in MIFIDPRU 4.14.3R , and not otherwise excluded by MIFIDPRU 4.14.5R or MIFIDPRU 4.14.6R ,…
safeguarded-flexible benefits risk warning
As Published: 2017
safeguarded-flexible benefits risk warning
163 A written communication to a member of a personal pension scheme or stakeholder pension scheme which is required by Regulation 8A of the Pension Schemes Act 2015 (Transitional Provisions and Appro…
platform charge
As Published: 2013
platform charge
107 any form of charge payable by or on behalf of a retail client to a firm in relation to the provision of a platform service and which is agreed between the platform service provider and the retail…