Related provisions for BIPRU 14.2.23

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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004 (From field only).

BIPRU 14.2.22RRP
Where a firm carries out netting under BIPRU 14.2.21 R, it must allocate the net exposure to:(1) the trading book for the purposes of the calculation under BIPRU 14.2.11 R, if the gross trading bookexposures exceed gross non-trading bookexposures; and(2) the non-trading book for the purposes of BIPRU 13, if the gross non-trading bookexposures exceed gross trading bookexposures.
IFPRU 11.7.4RRP
A firm or qualifying parent undertaking must notify the FCA by sending an e-mail to its usual supervisory contact.