UK prudential sectoral legislation
81(in relation to a financial sector) requirements applicable to persons in that financial sector in accordance with UK legislation and rules about prudential supervision of regulated entities in that financial sector and so that:
- (a) (in relation to the banking sector and the investment services sector) in particular this includes the requirements laid down in the UK CRR (in relation to a CAD investment firm), GENPRU and BIPRU; and
- (b) (in relation to the insurance sector) in particular this includes requirements laid down in the UK provisions which implemented the Solvency II Directive and Solvency II Regulations.