Search Result
aircraft liability
As Published: 2001
aircraft liability
4 (in relation to a class of contract of insurance ) the class of contract of insurance , specified in paragraph 11 of Part I of Schedule 1 to the Regulated Activities Order (Contracts of general insu…
common platform firm
As Published: 2006
common platform firm
47 a firm that is: (a) a BIPRU firm ; or 47 (b) an exempt CAD firm ; or 47 (c) a UK MiFID investment firm which falls within the definition of 'local firm' in Article 3.1P of the Capital Adequacy Dire…
directive friendly society
As Published: 2001
directive friendly society
a friendly society other than a non-directive friendly society . 3…
permitted links
As Published: 2007
permitted links
59 the property in COBS 21.3.1 R 59 that an insurer may use for the purposes of determining property-linked benefits or index-linked benefits under linked long-term contracts of insurance.
compensation fund
As Published: 2004
compensation fund
27 any policyholder compensation scheme in any EEA State .
upper tier two capital resources
As Published: 2004
upper tier two capital resources
11 the sum calculated at stage G of the calculation in the capital resources table (Upper tier two capital) 19 .
dilution adjustment
As Published: 2002
dilution adjustment
an adjustment to the price 32 of a unit determined by the authorised fund manager of a single-priced authorised fund 32 , under COLL 6.3.8 R (Dilution) for the purpose of reducing dilution .
return
As Published: 2004
return
29 the documents required (taken together) to be deposited under IPRU(INS) rule 9.6(1).
personal pension scheme
As Published: 2001
personal pension scheme
5 a scheme or arrangement which is not an occupational pension scheme or stakeholder pension scheme and which is comprised in one or more instruments or agreements having or capable of having effect s…
concentration risk capital component
As Published: 2006
concentration risk capital component
48 the part of the credit risk capital requirement calculated in accordance with BIPRU 10.10A.8 R 108 (How to calculate the concentration risk capital component).
top-up permission
As Published: 2001
top-up permission
a Part IV permission given to an incoming EEA firm , an incoming Treaty firm or a UCITS qualifier . 3…
VaR measure
As Published: 2006
VaR measure
8 an estimate by a VaR model of the worst expected loss on a portfolio resulting from market movements over a period of time with a given confidence level.
e-money issue price
As Published: 2002
e-money issue price
(in respect of e-money issued by an e-money firm ) the amount paid to the e-money firm for the issue of that e-money before or on the issue of that e-money . 5…
UCITS management company
As Published: 2003
UCITS management company
(1) (except in relation to MiFID business ) 20 a firm which is either: (a) a UCITS firm ; or (b) a UCITS investment firm . 7 (2) (in relation to MiFID business ) a management company as defined in the…
restricted credit
As Published: 2001
restricted credit
a loan for which, as a result of an existing arrangement between a supplier and a firm , the customer 's application to the firm is submitted through the supplier and the terms of the loan require tha…
Banking Ombudsman scheme
As Published: 2001
Banking Ombudsman scheme
1 the former scheme set up, on a voluntary basis, to handle complaints against those banks which subscribed to it.
stock lending activity
As Published: 2001
stock lending activity
the activity of undertaking a stock lending transaction. 5…
BIPRU 1 Annex 3D Application form to apply the CCR internal model method approach
As Published: 2007
BIPRU 1 Annex 3D Application form to apply the CCR internal model method approach
…
over collateralisation
As Published: 2008
over collateralisation
37 (in RCB ) (as defined in Regulation 3(3) of the RCB Regulations ) the provision of additional assets that assist the payment from the relevant asset pool of claims attaching to a regulated covered…
compensation costs levy
As Published: 2001
compensation costs levy
a levy imposed by the FSCS on participant firms to meet compensation costs , each participant firm's share being calculated in accordance with FEES 6.5 35…