Search Result
EIS subscription
As Published: 2001
EIS subscription
any money which is subscribed: (a) in the case of an EIS managed portfolio , by the client of the EIS manager whose portfolio it is; (b) in the case of an EIS fund , by the participants in the EIS . 4…
CCR mark to market method
As Published: 2006
CCR mark to market method
48 the method of calculating the amount of an exposure set out in BIPRU 13.4 (CCR mark to market method).
CRD bank
As Published: 2013
CRD bank
156 a bank which uses the EU CRR to measure the capital requirement on its trading book.
residual risk
As Published: 2015
residual risk
142 (in MIPRU ) the risk that credit risk mitigation techniques used by the firm prove less effective than expected.
reverse takeover
As Published: 2005
reverse takeover
(in LR ) a transaction classified as a reverse takeover under LR 5.6 . 113 31…
payment service customer
As Published: 2019
payment service customer
180 (in BCOBS ): (a) a consumer ; (b) a micro-enterprise ; or (c) a charity which has an annual income of less than £1 million.
reattribution expert
As Published: 2005
reattribution expert
35 the expert appointed by a firm to satisfy its obligations under COBS 20.2.47 R (Reattribution expert). 54…
foreign law contract
As Published: 2011
foreign law contract
58 any contract other than a contract: (a) governed by the laws of any part of the United Kingdom ; and (b) whose parties agree to the exclusive jurisdiction of the courts of any part of the United Ki…
state monopoly
As Published: 2005
state monopoly
30 a company or other legal person which is a national of an EEA state and which: (a) in carrying on its business benefits from a monopoly right granted by an EEA state ; and (b) is set up by or pursu…
stakeholder product
As Published: 2004
stakeholder product
27 (as defined in article 52B(3) of the Regulated Activities Order ): (a) a stakeholder CTF ; or (b) a stakeholder pension scheme ; or (c) an investment of a kind specified in the Stakeholder Regulati…
Lloyd's Members' Ombudsman
As Published: 2001
Lloyd's Members' Ombudsman
the office of Ombudsman established under Lloyd's Members' Ombudsman Scheme Byelaw (No 13 of 1987). 2…
non-equity transferable securities
As Published: 2005
non-equity transferable securities
(in PRR 82 ) (as defined in article 2(c) of the Prospectus Regulation 82 ) all transferable securities that are not equity securities. 15…
consumer hiring
As Published: 2014
consumer hiring
157 in accordance with article 60N of the Regulated Activities Order , entering into a regulated consumer hire agreement as owner or exercising, or having the right to exercise, the owner's rights and…
EEA parent undertaking
As Published: 2015
EEA parent undertaking
99 (a) an EEA parent institution ; or (b) an EEA parent financial holding company ; or (c) an EEA parent mixed financial holding company . [Note: article 2(1)(85) of RRD ]…
capital property
As Published: 2001
capital property
(in COLL ) the scheme property , other than income property and any amount for the time being standing to the credit of the distribution account . 3 20…
retail securitised derivative
As Published: 2002
retail securitised derivative
a securitised derivative which is not a specialist securitised derivative; in this definition, a "specialist securitised derivative" is a securitised derivative which, in accordance with the listing r…
MCD lifetime mortgage
As Published: 2015
MCD lifetime mortgage
99 a lifetime mortgage which is not an MCD exempt lifetime mortgage .
dormant account fund operator
As Published: 2009
dormant account fund operator
52 a firm with permission for operating a dormant account fund .
prohibition order
As Published: 2001
prohibition order
5 an order made under section 56 of the Act (Prohibition orders) which prohibits an individual from performing a specified function, any function falling within a specified description or any function…
MAR Sch 3 Fees and other required payments
As Published: 2004
MAR Sch 3 Fees and other required payments
…