Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2022-12-16.

Timeline guidance

Alternative versions

  1. Point in time
    2022-12-16

K-TCD requirement

15the part of the K-factor requirement calculated in accordance with MIFIDPRU 4.14 that is based on the transactions listed in MIFIDPRU 4.14.3R and not otherwise excluded by MIFIDPRU 4.14.5R or MIFIDPRU 4.14.6R, where those transactions are:

  1. (1) recorded in the trading book of a firm dealing on own account (whether or itself or on behalf of a client); or
  2. (2) in the case of transactions specified in MIFIDPRU 4.14.3R(7), undertaken by a firm that has the necessary permissions to deal on own account.