This table belongs to GENPRU 2.2.5 G
Related provisions for BIPRU 8.4.13
This table belongs to GENPRU 2.2.17 R
Type of firm |
Location of rules |
Remarks |
BIPRU firm16without an investment firm consolidation waiver 16 |
GENPRU 2 Annex 4 (Deducts material holdings) |
Applies to a BIPRU firm16not using GENPRU 2 Annex 5 or GENPRU 2 Annex 6 16 |
BIPRU firm16without an investment firm consolidation waiver 16 |
GENPRU 2 Annex 5 (Deducts illiquid assets) |
A BIPRU firm16must give one Month's prior notice to the FCA16 before starting to use or stopping using this method 1616 |
BIPRU firm16with an investment firm consolidation waiver 16 |
GENPRU 2 Annex 6 (Deducts illiquid assets and material holdings) |
A firm with an investment firm consolidation waiver must use this method. No otherBIPRU firm16 may use it. 16 |
This table belongs to GENPRU 2.2.51 G
Description of the stage of the capital resources calculation |
Stage in the capital resources table |
Amount (£) |
Total tier one capital after deductions 8 |
Stage F |
80 |
Total tier two capital 8 |
Stage K |
80 |
Deductions |
Stage M |
(20) |
Total tier one capital and tier two capital after deductions |
Stage N |
140 |
Upper tier three capital (this example assumes the firm has no lower tier three capital (trading book profits)) |
Stage Q |
50 |
Total capital resources |
Stage T |
190 |
This table belongs to GENPRU 2.2.55 G
Description of the stage of the capital resources calculation |
Stage in the capital resources table |
Amount (£) |
Total tier one capital and tier two capital after deductions |
Stage N |
140 |
Credit and counterparty1 risk requirement 16 |
(100) |
|
Tier one capital and tier two capital available to meet market risk requirement |
40 |
|
Stage Q |
50 |
|
Total capital available to meet market risk requirement |
90 |
|
Market risk requirement |
(90) |
|
Market risk requirement met subject to meeting gearing limit set out in GENPRU 2.2.49 R – see GENPRU 2.2.57 G |
This table belongs to GENPRU 2.1.40 R
Firm category |
Capital requirement |
||
BIPRU firm12(including collective portfolio management investment firm9) 129 |
the higher of (1) and (2): |
||
(1) |
the sum of: |
||
(a) |
the credit risk capital requirement; and |
||
(b) |
the market risk capital requirement; and |
||
(2) |