Related provisions for BIPRU 3.2.7
Simplified summary of the territorial scope of the regulated mortgage activities, to be read in conjunction with the rest of this section.
This table belongs to PERG 4.11.8 G
4Regulated activities other than advice |
||||
Location of establishment of service provider: |
Location of land: |
Individual borrower resident and located: |
||
in the UK |
in another EEA State |
outside the EEA |
||
land in the UK |
Yes |
Yes |
Yes |
|
land in another EEA State |
Yes |
Yes |
Yes |
|
UKperson: Establishment in another EEA State or in a country outside the EEA |
in the UK |
in another EEA State |
outside the EEA |
|
land in the UK |
Yes |
Yes |
Yes |
|
land in another EEA State (Note 1) |
No |
No |
No |
|
Non-UKperson: Establishment in another EEA State or in a country outside the EEA |
in the UK |
in another EEA State |
outside the EEA |
|
land in the UK |
Yes |
No |
No |
|
land in another EEA State |
No |
No |
No |
|
Yes = authorisation or exemption required No = authorisation or exemption not required |
||||
Note 1: If the service provider is a UK firm operating from an office in another EEA State in the exercise of rights under a Single Market Directive, the activities will be treated as taking place in the United Kingdom and the firm will need to make sure that its permission covers the regulated mortgage activities it is carrying out. See PERG 4.11.5G (1). |
||||
4The regulated activity of advice |
||||
Location of establishment of service provider: |
Location of land: |
Individual borrower resident and located: |
||
in the UK |
in another EEA State |
outside the EEA |
||
land in the UK |
Yes |
Yes |
Yes |
|
land in another EEA State |
Yes |
Yes |
Yes |
|
UKperson: Establishment in another EEA State or in a country outside the EEA |
in the UK |
in another EEA State |
outside the EEA |
|
land in the UK |
Yes |
No |
No |
|
land in another EEA State (Note 1) |
Yes |
No |
No |
|
Non-UKperson: Establishment in another EEA State or in a country outside the EEA |
in the UK |
in another EEA State |
outside the EEA |
|
land in the UK |
Yes |
No |
No |
|
land in another EEA State |
Yes |
No |
No |
|
Yes = authorisation or exemption required No = authorisation or exemption not required |
||||
Note 1: If the service provider is a UK firm operating from an office in another EEA State in the exercise of rights under a Single Market Directive, the activities will be treated as taking place in the United Kingdom and the firm will need to make sure that its permission covers the regulated mortgage activities it is carrying out. See PERG 4.11.5G (1). |
||||
This table belongs to IFPRU 3.1.8 R.
Firm Category |
Amount: Currency equivalent of |
€730,000 |
|
€125,000 |
|
€50,000 |
[Note: articles 28(2), 29(1) and 29(3) of CRD]
This table belongs to BIPRU 3.7.1 R
[Note: BCD Annex II]
Category |
Item |
Percentage |
Full risk |
Guarantees having the character of credit substitutes Credit derivatives Acceptances Endorsements on bills not bearing the name of another credit institution Transactions with recourse Irrevocable standby letters of credit having the character of credit substitutes Assets purchased under outright forward purchase agreements Forward deposits The unpaid portion of partly-paid shares and securities Asset sale and repurchase agreements as defined in Article 12(3) and (5) of the Bank Accounts Directive Other items also carrying full risk |
100% |
Medium risk |
Documentary credits issued and confirmed (see also medium/low risk). Warranties and indemnities (including tender, performance, customs and tax bonds) and guarantees not having the character of credit substitutes. Irrevocable standby letters of credit not having the character of credit substitutes. Undrawn credit facilities (agreements to lend, purchase securities, provide guarantees or acceptance facilities) with an original maturity of more than one year. Note issuance facilities (NIFs) and revolving underwriting facilities (RUFs). |
50% |
Medium/low risk |
Documentary credits in which underlying shipment acts as collateral and other self-liquidating transactions. Undrawn credit facilities (agreements to lend, purchase securities, provide guarantees or acceptance facilities) with an original maturity of up to and including one year which may not be cancelled unconditionally at any time without notice or that do not effectively provide for automatic cancellation due to deterioration in a borrower's creditworthiness. |
20% |
Low risk |
Undrawn credit facilities (agreements to lend, purchase securities, provide guarantees or acceptance facilities) which may be cancelled unconditionally at any time without notice, or that do effectively provide for automatic cancellation due to deterioration in a borrower's creditworthiness. Retail credit lines may be considered as unconditionally cancellable if the terms permit the firm to cancel them to the full extent allowable under consumer protection and related legislation. |
0% |