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Related provisions for IFPRU 8.1.8
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Article 9(2) of the UK CRR2 (Individual consolidation method) requires a firm, which is a parent institution, to demonstrate fully to the FCA, as competent authority, that there are no material practical or legal impediments to the prompt transfer of own funds of the subsidiary referred to in article 9(1) of the , or repayment of liabilities when due by that subsidiary to the firm.