recognised third country credit institution
- (a) its head office is outside the EEA;
- (b) it is authorised by a third country competent authority in the state or territory in which the credit institution's head office is located;
- (c) that third country competent authority is named in Part 1 of BIPRU 8 Annex 6 (Non-EEA banking regulators' requirements deemed CRD-equivalent for individual risks); and
- (d) there is a tick against that third country competent authority in each of the columns headed "Market risk", "Credit risk" and "Operational Risk" in the table referred to in (c).
46a full BCD credit institution that satisfies the following conditions: