VaR number

8has the meaning in BIPRU 7.10.115R (Capital calculations: General) which in summary is (in relation to a business day and a VaR model) the VaR measure, in respect of the previous business day's close-of-business positions in products coming within the scope of the VaR model permission, calculated by the VaR model and in accordance with BIPRU 7.10 (Use of a Value at Risk Model) and any methodology set out in the VaR model permission.