Status: You are viewing the version of the handbook as on 2011-04-29.

connected counterparty

    48(for the purpose of BIPRU 10 (Large exposures108 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.