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  1. Point in time
    2008-01-25

connected counterparty

48(for the purpose of BIPRU 10 (Concentration risk requirements) and in relation to a firm) has the meaning set out in BIPRU 10.3.8 R (Connected counterparties), which is in summary a person to whom the firm has an exposure and who fulfils at least one of the conditions set out in BIPRU 10.3.8 R.