consolidated market risk requirement
48(in relation to a UK consolidation group or a non-EEA sub-group and in GENPRU and BIPRU) has the meaning in BIPRU 8.7 (Consolidated capital resources requirement) which is in summary the part of that group's consolidated capital resources requirement relating to market risk calculated in accordance with BIPRU 8.7.11 R (Calculation of the consolidated requirement components) and as adjusted under BIPRU 8.7.