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  2. Point in time
    2019-12-20

IPRU-INV 12 App 1 Terms

IPRU-INV 12App1.1GRP

If a defined term does not appear in the IPRU(INV) glossary below, the definition appearing in the main Handbook Glossary applies.

financial resources

a firm’s1 financial resources as calculated in accordance with IPRU(INV) 12.3 (Calculation of financial resources).

financial resources requirement1

an amount of financial resources1 that a firm must hold as set out in IPRU(INV) 12.2 (Financial resources requirements1).