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SCR
As Published: 2015
SCR
131 means the solvency capital requirement calculated in accordance with the Solvency Capital Requirement - General Provisions; Standard Formula; and Internal Models Parts of the PRA Rulebook: Solvenc…
related undertaking
As Published: 2004
related undertaking
29 in relation to an undertaking ("U"): (a) any subsidiary undertaking of U; or (b) any undertaking in which U or any of U's subsidiary undertakings holds a participation; or (c) any undertaking linke…
inherited estate
As Published: 2003
inherited estate
in relation to each with-profits fund : 134 (1) for a firm which is not a Solvency II firm , an amount representing the fair market value of the with-profits assets less the value of liabilities, exce…
major subsidiary undertaking
As Published: 2005
major subsidiary undertaking
(in LR ) a subsidiary undertaking that represents 25% or more of the aggregate of the gross assets or profits (after deducting all charges except taxation) of the group . 28…
payment transaction
As Published: 2015
payment transaction
133 an action of transferring funds, initiated by the payer or on its behalf or by the payee , irrespective of any underlying obligations between the payer and the payee .
capital resources table
As Published: 2006
capital resources table
156 (1) [deleted] 189 (2) [deleted] (3) [deleted] (4) (in relation to a BIPRU firm ) whichever of the tables in GENPRU 2 Annex 4 , GENPRU 2 Annex 5 or GENPRU 2 Annex 6 applies to the firm under GENPRU…
UK insurance intermediary
As Published: 2004
UK insurance intermediary
9 a UK domestic firm which has Part 4A permission 99 to carry on insurance mediation activity but no other regulated activity .
inception
As Published: 2007
inception
67 in relation to permitted links , refers to the time when the liability of the insurer under a linked long-term contract of insurance commenced.
interested party
As Published: 2001
interested party
(in relation to an application made under section 60 of the Act (Applications for approval)): (a) the firm making the application; (b) the person in respect of whom the application is being made ("A")…
certificate representing equity securities
As Published: 2005
certificate representing equity securities
(in LR ) a certificate representing certain securities where the certificate or other instrument confers rights in respect of equity securities . 31…
providing credit references
As Published: 2013
providing credit references
112 the regulated activity specified in article 89B of the Regulated Activities Order .
managing the underwriting capacity of a Lloyd's syndicate as a managing agent at Lloyd's
As Published: 2001
managing the underwriting capacity of a Lloyd's syndicate as a managing agent at Lloyd's
the regulated activity , specified in article 57 of the Regulated Activities Order (Managing the underwriting capacity of a Lloyd's syndicate), of managing the underwriting capacity of a Lloyd's syndi…
venture capital trust
As Published: 2005
venture capital trust
(in LR ) a company which is, or which is seeking to become, approved as a venture capital trust under section 842AA of the Income and Corporation Taxes Act 1988. 6…
FPS
As Published: 2015
FPS
89 the Faster Payments Scheme 97 regulated payment system designated by HM Treasury under section 43 of FSBRA .
DMG
As Published: 2014
DMG
87 the Office of Fair Trading's Debt Management (and credit repair services Guidance).
parental responsibility
As Published: 2004
parental responsibility
22 (as defined in section 3(9) of the Child Trust Fund Act 2004): (a) parental responsibility within the meaning of the Children Act 1989 or the Children (Northern Ireland) Order 1995 (SI 1995/755 (N.