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You are viewing the version of the document as on 2021-11-03.

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    2021-11-03

BIPRU 11.1 Application and purpose

Application

BIPRU 11.1.1RRP

1BIPRU 11 applies to a BIPRU firm.

Purpose

BIPRU 11.1.2GRP

Pursuant to the third paragraph of article 95(2) of the UK CRR3, the2 purpose of BIPRU 11 is to apply requirements that correspond to:3

2
  1. (1)
    1. (a)

      Article 68(3);

    2. (b)

      Article 72;

    3. (c)

      Articles 145 to 149; and

    4. (d)

      Annex XII;

    of the Banking Consolidation Directive; and

  2. (2)
    1. (a)

      Article 2, in part;

    2. (b)

      Point 3 of Article 23, in part; and

    3. (c)

      Article 39;

    of the Capital Adequacy Directive.