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base own funds requirement

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base own funds requirement

50 52(1) (for the purpose of IFPRU) an amount of own funds that an IFPRU investment firm must hold as set out in IFPRU 3.1.6 R (Own funds: main requirement).
52(2) (for the purposes of IPRU(INV) 11) an amount of own funds that a collective portfolio management firm or a collective portfolio management investment firm must hold as set out in IPRU(INV) 11.3.1R (Base own funds requirement).

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