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proprietary trader
As Published: 2009
proprietary trader
74 (in SUP 10 (Approved Persons) and APER ) a person (A) whose responsibilities include committing another person (B) as part of B's proprietary trading .
manager of the relevant scheme
As Published: 2010
manager of the relevant scheme
70 the person (including a person outside the United Kingdom ) who administers the relevant scheme or (if there is no such person ) the person responsible for making payments under it.
own estimates of volatility adjustments approach
As Published: 2006
own estimates of volatility adjustments approach
29 the approach to calculating volatility adjustments under the financial collateral comprehensive method under which the firm uses its own estimates of such adjustments, as more fully described in BI…
terms of reference
As Published: 2012
terms of reference
48 the terms of reference of a firm's with-profits committee , or the terms of appointment of the person or persons acting as the with-profits advisory arrangement , satisfying the requirements set ou…
relevant function
As Published: 2001
relevant function
(in relation to a UK recognised body ) an exempt activity or a regulatory function . 5…
VaR number
As Published: 2006
VaR number
8 has the meaning in BIPRU 7.10.115R (Capital calculations: General) which in summary is (in relation to a business day and a VaR model ) the VaR measure , in respect of the previous business day 's c…
synthetic securitisation
As Published: 2003
synthetic securitisation
14 (in accordance with Article 4(38) of the Banking Consolidation Directive (Definitions) and for the purpose of BIPRU 121 ) a securitisation (within the meaning of paragraph (2) of the definition of…
dual-regulated firms Remuneration Code
As Published: 2015
dual-regulated firms Remuneration Code
96 SYSC 19D (Dual-regulated firms Remuneration Code) for dual-regulated firms and overseas firms in SYSC 19D.1.1R(1)(d) that would have been a bank , building society or UK designated investment firm…
internal custody record check
As Published: 2014
internal custody record check
132 the safe custody assets record check described in CASS 6.6.10G (2) performed using either the internal custody reconciliation method or the internal system evaluation method .
non-core large exposures group permission
As Published: 2013
non-core large exposures group permission
53 a permission referred to in IFPRU 8.2.6 R given by the FCA for the purpose of article 400(2)(c) of the EU CRR (Large exposures: exemptions).
administering a home purchase plan
As Published: 2006
administering a home purchase plan
32 the regulated activity , specified in article 63F(2) of the Regulated Activities Order , which is in summary: administering a home purchase plan where the plan was entered into by way of business o…
RCB Regulations
As Published: 2008
RCB Regulations
70 the Regulated Covered Bonds Regulations 2008 (SI 2008/346).
PRIN
As Published: 2001
PRIN
5 the part of the Handbook in High Level Standards that has the title Principles for Businesses.
elective eligible counterparty
As Published: 2007
elective eligible counterparty
39 a client categorised as an elective eligible counterparty in accordance with COBS 3.6 (Eligible counterparties).
overallotment facility
As Published: 2005
overallotment facility
18 (as defined in Article 2 of the Buy-back and Stabilisation Regulation ) a clause in the underwriting agreement or lead management agreement which permits acceptance of subscriptions or offers to pu…
unpaid initial fund
As Published: 2004
unpaid initial fund
11 part of the initial fund of a mutual which the mutual is prevented from including in its tier one capital resources as permanent share capital by reason of GENPRU 2.2.64R 19 because it is not fully…
offering programme
As Published: 2005
offering programme
(in PR ) (as defined in Article 2.1(k) of the prospectus directive ) a plan which would permit the issuance of non-equity securities, including warrants in any form, having a similar type and/or class…
net margined omnibus client account
As Published: 2014
net margined omnibus client account
56 an omnibus client account maintained by a clearing member firm in respect of which the margining arrangements give rise to a gross-minus-net amount which is held by the clearing member firm as clie…