BIPRU TP 28 BIPRU 12.3 and BIPRU 12.4: banks with a Global Liquidity Concession

1Application

28.1

R

BIPRU TP 28 applies to an incoming EEA firm or third country BIPRU firm which as at 30 November 2009 has a Global Liquidity Concession (as described in IPRU(BANK) Chapter LM 4(2)).

Duration of transitional provisions

28.2

R

BIPRU TP 28 applies until 31 October 2010 or, if earlier, the date on which the firm's Global Liquidity Concession expires.

Transitional provisions

28.3

(1)

(2)

(3)

(4)

(5)

(6)

Material to which the transitional provision applies

Transitional Provision

Transitional provision: dates in force

Handbook provisions: coming into force

1

BIPRU 12.3 and BIPRU 12.4

R

The rules and guidance in the sections listed in column (2) do not apply.

1 December 2009 until 31 October 2010

1 December 2009