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motor vehicle liability insurer
As Published: 2004
motor vehicle liability insurer
(a) a firm with permission to carry on motor vehicle liability insurance business ; (b) any person carrying on the regulated activity of managing the underwriting capacity of a Lloyd's syndicate in re…
procuration fee
As Published: 2003
procuration fee
14 the total amount paid by a home finance provider 39 to a home finance intermediary 39 , whether directly or indirectly, in connection with providing applications from customers to enter into home f…
physical asset reconciliation
As Published: 2014
physical asset reconciliation
119 the safe custody assets reconciliation described in CASS 6.6.24 R , using either the total count method or the rolling stock method .
CASS large TP firm
As Published: 2019
CASS large TP firm
230 has the meaning in CASS 14.2.8R (CASS firm types).
vehicle
As Published: 2007
vehicle
9 any motor vehicle intended for travel on land and propelled by mechanical power, but not running on rails, and any trailer whether or not coupled. [Note: article 1(1) of Council Directive 72/166/EEC…
CRM eligibility conditions
As Published: 2006
CRM eligibility conditions
48 (1) [deleted] 260 (2) [deleted] 260 173 (3) (for the purpose of MIPRU ), MIPRU 4.2C.16 R . 173…
entering into a regulated sale and rent back agreement
As Published: 2009
entering into a regulated sale and rent back agreement
55 the regulated activity , specified in article 63J(1) of the Regulated Activities Order , which is in summary entering into a regulated sale and rent back agreement as an agreement provider, includi…
deductions plan
As Published: 2007
deductions plan
43 (in COBS ) a plan that describes the deductions from asset share that a firm expects to make for the cost of guarantees and the use of capital ( COBS 20.2.8 R ).
with-profits insurance business
As Published: 2004
with-profits insurance business
the business of effecting contracts of insurance or carrying out contracts of insurance that are with-profits policies . 27…
CRR firm
As Published: 2013
CRR firm
154 (for the purposes of SYSC ) a UK bank , building society and a UK designated investment firm 260 .
Financial Policy Committee
As Published: 2014
Financial Policy Committee
75 The sub-committee of the court of directors of the Bank of England, established by Part 1A of the Bank of England Act 1998 to contribute to the Bank of England's Financial Stability Objective and,…
NICC
As Published: 2015
NICC
62 the Northern Ireland Cheque Clearing 66 regulated payment system designated by HM Treasury under section 43 of FSBRA .
total relevant liabilities
As Published: 2011
total relevant liabilities
47 (in CREDS ) means the sum of: (a) unattached shares in the credit union , and deposits by persons too young to be members of the credit union ; and (b) liabilities (other than liabilities for share…
with-profits benefits reserve
As Published: 2004
with-profits benefits reserve
7 (in relation to a with-profits fund ) the with-profits benefits reserve for the with-profits fund calculated in accordance with the rules in INSPRU 1.3.116 R to INSPRU 1.3.135 G 10 .
finance
As Published: 2013
finance
71 in accordance with article 60L of the Regulated Activities Order , includes financing in whole or in part and "refinance" is to be read accordingly.
current PRA approved person approval
As Published: 2013
current PRA approved person approval
281 a current approved person approval given by the PRA .
small AIFM
As Published: 2013
small AIFM
115 an AIFM which meets the conditions in regulation 9 (meaning of "small AIFM") of the AIFMD UK regulation .
cash deposit ISA
As Published: 2001
cash deposit ISA
a cash component of an ISA which does not include the qualifying investments prescribed in paragraphs 8(2)(c), (d), (e) or (f) or paragraph 8A(2) 191 of the ISA Regulations . 3…