BIPRU 11.1 Application and purpose
Application
1BIPRU 11 applies to a BIPRU firm.
Purpose
Pursuant to the third paragraph of article 95(2) of the EU CRR, the2 purpose of BIPRU 11 is to implement:
2- (1)
of the Banking Consolidation Directive; and
- (2)
of the Capital Adequacy Directive.