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capital resources requirement

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capital resources requirement

27an amount of capital resources that:48

(1) a BIPRU firm must hold as set out in the main BIPRU firm Pillar 1 rules; or48
(2) an insurer must hold as set out in GENPRU 2.1.17 R to GENPRU 2.1.23 R48; or173
(3) a firm carrying on any home financing connected to regulated mortgage contracts or home financing and home financing administration connected to regulated mortgage contracts, must hold under MIPRU 4.2.23 R.173

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