Related provisions for INSPRU 3.2.35A

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INSPRU 3.2.5RRP
For the purpose of GENPRU 2 Annex 7 (Admissible assets in insurance), a derivative or quasi-derivative is approved if:(1) it is held for the purpose of efficient portfolio management (INSPRU 3.2.6 R to INSPRU 3.2.7 R) or reduction of investment risk (INSPRU 3.2.8 R to INSPRU 3.2.13 G);(2) it is covered (INSPRU 3.2.14 R to INSPRU 3.2.33 G); and(3) it is effected or issued:(a) on or under the rules of a regulated market; or(b) off-market with an approved counterparty and, except