Search Result
version 2 credit union
As Published: 2001
version 2 credit union
a credit union which is not a version 1 credit union . 2…
EEA territorial scope rule
As Published: 2007
EEA territorial scope rule
39 COBS 1 Annex 1 , Part 2 40 paragraph 1(1) (which provides that the territorial scope of COBS is modified to the extent necessary to be compatible with European law).
net written premiums
As Published: 2004
net written premiums
13 gross written premiums , less reinsurance premiums payable under reinsurance ceded.
loss
As Published: 2006
loss
22 (in accordance with Article 4(26) of the Banking Consolidation Directive (Definitions) and for the purposes of the IRB approach , the standardised approach to credit risk and BIPRU 5 (Credit risk m…
property-linked assets
As Published: 2007
property-linked assets
59 in relation to an insurer , long-term insurance assets that are, for the time being, identified in the records of the insurer as being assets by reference to the value of which property-linked bene…
specific risk backtesting exception
As Published: 2006
specific risk backtesting exception
45 (in BIPRU 7.10 (Use of a value at risk model) and in relation to a firm ) an exception arising out of backtesting a VaR model with respect to specific risk as more fully defined in that firm's VaR…
CAD 1 model
As Published: 2006
CAD 1 model
48 a risk management model of the type described in BIPRU 7.9 (Use of a CAD 1 model).
payment instrument
As Published: 2009
payment instrument
76 (in BCOBS ) any personalised device or personalised set of procedures agreed between the banking customer and the firm used by the banking customer to initiate an instruction or request by the bank…
home purchase intermediary
As Published: 2006
home purchase intermediary
8 a firm with permission (or which ought to have permission ) to carry on a home purchase mediation activity .
foreign currency PRR
As Published: 2006
foreign currency PRR
23 the part of the market risk capital requirement calculated in accordance with BIPRU 7.5 (Foreign currency PRR) or, in relation to a particular position, the portion of the overall foreign currency…
treasury shares
As Published: 2005
treasury shares
shares which meet the conditions set out in paragraphs (a) and (b) of subsection 724(5) of the Companies Act 2006. 38…
defined benefit liability
As Published: 2005
defined benefit liability
the shortfall of the value of the assets in a defined benefit occupational pension scheme below the present value of the scheme liabilities, to the extent that a firm , as employer, in accordance with…
TD implementing Directive
As Published: 2006
TD implementing Directive
28 Commission Directive implementing Directive 2004/109/EC of the European Parliament and of the Council laying down rules for the harmonisation of transparency requirements in relation to information…
COAF
As Published: 2001
COAF
the part of the Handbook in Redress which has the title Complaints against the FSA. 3…
qualifying equity index
As Published: 2006
qualifying equity index
10 an equity index falling into in BIPRU 7.3.38 R (Definition of a qualifying equity index).
certificate representing debt securities
As Published: 2005
certificate representing debt securities
(in LR ) a certificate representing certain securities where the certificate or other instrument confers rights in respect of debentures , alternative debentures , 112 or government and public securit…