Related provisions for SYSC 14.1.1

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1INSPRU 1.1 applies to an insurer unless it is:(1) a non-directive friendly society; or(2) an incoming EEA firm; or(3) an incoming Treaty firm; or8(4) a Solvency II firm.8
RCB 1.1.7GRP
An insurer (which is not a UKSolvency II firm,4non-directive friendly society, incoming EEA firm or an incoming Treaty firm) may benefit from increased counterparty limits under INSPRU 2.1.22R (3)(b). An insurer which is a UKSolvency II firm is subject to the rules in the PRA Rulebook which transpose the Solvency II Directive and also to Solvency II Regulation (EU) 2015/35 of 10 October 2014.4