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RPPD
As Published: 2007
RPPD
55 the Regulatory Guide which contains a statement of the responsibilities of providers and distributors for the fair treatment of customers .
base costs
As Published: 2001
base costs
3 management expenses , other than establishment costs , which are not dependent on the level of claims made on the FSCS .
stocks and shares component
As Published: 2001
stocks and shares component
a qualifying investment as prescribed in paragraph 7 of the ISA Regulations . 5…
intermediate broker
As Published: 2001
intermediate broker
(in relation to a transaction in a contingent liability investment ) any person acting in the capacity of an intermediary through whom the firm undertakes that transaction. 5…
owner
As Published: 2008
owner
37 (in RCB ) (as defined in Regulation 4 of the RCB Regulations ) an owner which owns an asset pool and issues a guarantee to pay from that asset pool claims attaching to a regulated covered bond in t…
EEA simplified prospectus scheme
As Published: 2007
EEA simplified prospectus scheme
39 a UCITS scheme which is a recognised scheme under section 264 of the Act (Schemes constituted in other EEA States).
Insurance Mediation Directive
As Published: 2004
Insurance Mediation Directive
22 the European Parliament and Council Directive of 9 December 2002 on insurance mediation (No 2002/92/EC).
netting
As Published: 2004
netting
13 a process by which the claims and obligations between two counterparties are offset against each other to leave a single net sum.
permitted unlisted securities
As Published: 2007
permitted unlisted securities
59 in relation to permitted links , means any investment (including a share , debt security , Treasury Bill, Tax Reserve Certificate or Certificate of Tax Deposit) that is not a listed security , but…
UK MiFID investment firm
As Published: 2007
UK MiFID investment firm
20 a MiFID investment firm whose Home State is the United Kingdom (this may include a natural person provided the conditions set out in Article 4(1)(1) of MiFID are satisfied).
specific risk PRA
As Published: 2006
specific risk PRA
45 a PRA for specific risk including any such PRA as applied under BIPRU 7.6.8 R (Table: Appropriate PRA).
home purchase arranger
As Published: 2006
home purchase arranger
8 a firm with permission (or which ought to have permission ) for arranging a home purchase plan .
fixed overheads requirement
As Published: 2006
fixed overheads requirement
23 the part of the capital resources requirement calculated in accordance with GENPRU 2.1.53 R (Calculation of the fixed overheads requirement).
defined benefit asset
As Published: 2005
defined benefit asset
the excess of the value of the assets in a defined benefit occupational pension scheme over the present value of the scheme liabilities, to the extent that a firm , as employer, in accordance with the…
small business
As Published: 2001
small business
(in COMP ) a partnership , body corporate , unincorporated association or mutual association with an annual turnover of less than £1 million (or its equivalent in any other currency at the relevant ti…
qualifying equity
As Published: 2006
qualifying equity
10 a share that satisfies the conditions in BIPRU 7.3.35 R (Definition of a qualifying equity).
discretionary investment manager
As Published: 2004
discretionary investment manager
(in COBS and 39 15 (in relation to firm type ) 39 in SUP 16.10 (Confirmation of standing data )) a person who, acting only on behalf of a client , manages designated investments in an account or portf…
proven reserves
As Published: 2005
proven reserves
(in LR ): (a) in respect of mineral companies primarily involved in the extraction of oil and gas resources, those reserves which, on the available evidence and taking into account technical and econo…