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You are viewing the version of the document as on 2021-12-31.

large exposure

  1. 54
    1. (1) (in BIPRU) the exposure of a firm to a counterparty, or a group of connected clients, whether in the firm's non-trading book or trading book or both, which in aggregate equals or exceeds 10% of the firm's capital resources.
    2. (2) (except in (1)) has the meaning in article 392 of the UK CRR79 (Definition of a large exposure).

This definition refers to provisions of the UK CRR in the form in which it stood at 31 December 2021. That version of the UK CRR can be found on legislation.gov.uk using this link.