standardised approach
- 121
- (for the purposes of BIPRU) one of the following:
- (a) (where expressed to relate to credit risk) the method for calculating capital requirements for credit risk in BIPRU 3 (Credit risk) and BIPRU 9.2.1R(1) and BIPRU 9.11 (Standardised approach);
- (b) [deleted]168
- (c) (where not expressed to relate to any risk and used in BIPRU 3, BIPRU 4 (IRB approach), BIPRU 5 (Credit risk mitigation), BIPRU 9 (Securitisation)168) it has the meaning in (a);
- (d) [deleted]168
- (e) (where the one of the approaches in (a) to (c)168 is being applied on a consolidated basis) that approach as applied on a consolidated basis in accordance with BIPRU 8 (Group risk - consolidation); or
- (f) when the reference is to the rules of or administered by a regulatory body other than the appropriate regulator, whatever corresponds to the approach in (a) to (e), as the case may be, under those rules.
- (for the purposes of BIPRU) one of the following: