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master netting agreement internal models approach permission
As Published: 2006
master netting agreement internal models approach permission
40 a requirement or a waiver that requires a firm to use the master netting agreement internal models approach on a solo basis or, if the context requires, a consolidated basis.
exercise notice
As Published: 2005
exercise notice
(in LR ) (in relation to securitised derivatives ), a document that notifies the issuer of a holder's intention to exercise its rights under the securitised derivative . 26…
EIS particulars
As Published: 2001
EIS particulars
a document containing particulars of an Enterprise Investment Scheme . 4…
firm type
As Published: 2004
firm type
8 one of a list of firm types set out in SUP 16 Annex 17 used for the purposes of checking and correcting standing data under SUP 16.10.4 R .
friendly society
As Published: 2001
friendly society
2 an incorporated friendly society or a registered friendly society .
policyholder advocate
As Published: 2005
policyholder advocate
31 the person appointed under COBS 20.2.42 R 52 to negotiate with a firm on its proposals for making a reattribution of its inherited estate .
public sector issuer
As Published: 2005
public sector issuer
27 states and their regional and local authorities, state monopolies , state finance organisations , public international bodies , statutory bodies and OECD state guaranteed issuers .
property-linked benefits
As Published: 2004
property-linked benefits
25 benefits other than index-linked benefits provided for under a linked long-term contract of insurance .
Lloyd's actuary
As Published: 2001
Lloyd's actuary
the actuary appointed by the Society under SUP 4.6.1 R 9 .
roll-up of interest mortgage
As Published: 2003
roll-up of interest mortgage
14 a regulated mortgage contract where no payment of interest on the amount borrowed (other than interest charged when all or part of the amount borrowed is repaid voluntarily by the customer ), is du…
assistance
As Published: 2001
assistance
4 (in relation to a class of contract of insurance ) the class of contract of insurance , specified in paragraph 18 of Part I of Schedule 1 to the Regulated Activities Order (Contracts of general insu…
category B2 firm
As Published: 2009
category B2 firm
94 a category B firm whose permission does not include dealing as principal ; and is not subject to a requirement preventing the holding or controlling of client money or custody assets .
relevant pension scheme
As Published: 2001
relevant pension scheme
a pension scheme or an additional voluntary contribution . 60…
ISA Regulations
As Published: 2001
ISA Regulations
the Individual Savings Account Regulations 1998 (SI 1998/1870). 5…
dilution levy
As Published: 2001
dilution levy
a charge of such amount or at such rate as is determined by 3 the authorised fund manager of a single-priced authorised fund 32 to be made for the purpose of reducing the effect of dilution .
payment service user
As Published: 2009
payment service user
71 235 (in accordance with regulation 2(1) of the Payment Services Regulations ) a person when making use of a payment service in the capacity of either payer or payee, or both.[Note: article 4(10) of…
periodic information
As Published: 2007
periodic information
46 the information identified in the table in COBS 16 Annex 2R 52 , and if the client has not elected to receive trade confirmation information on a transaction by transaction basis under COBS 16.3.3…
captive reinsurer
As Published: 2006
captive reinsurer
43 a pure reinsurer owned by: (a) a financial undertaking other than an insurance undertaking or a reinsurance undertaking ; or (b) a group of insurance undertakings or reinsurance undertakings to whi…