Related provisions for BIPRU 11.2.4
1 - 6 of 6 items.
Where a parent institution in the UK9 and its subsidiary undertakings or a parent financial holding company in the UK9 and its subsidiary undertakings or a parent mixed financial holding company in the UK9 and its subsidiary undertakings6 use the IRB approach on a unified basis, the question whether the minimum IRB standards are met is answered by considering the parent undertaking and its subsidiary undertakings together,6 unless the firm'sIRB permission specifies otherwise.[Note:
(1) To the extent that its IRB permission permits this, a firm permitted to use the IRB approach in the calculation of risk weighted exposure amounts and expected loss amounts3 for one or more IRB exposure classes may apply the standardised approach in accordance with this rule.3(2) A firm may apply the standardised approach to the IRB exposure class referred to in BIPRU 4.3.2 R (1) (Sovereigns) where the number of material counterparties is limited and it would be unduly burdensome
A firm which is a significant subsidiary of:(1) a parent institution in the UK3; or(2) a parent financial holding company in the UK3;1 or2(3) a parent mixed financial holding company in the UK3;2must disclose the information specified in BIPRU 11.5.3 R to BIPRU 11.5.4 R on an individual or sub-consolidated basis.[Note: BCD Annex XII Part 1 point 5]