Related provisions for MCOB 11.6.27
41 - 50 of 50 items.
(1) [deleted]2(2) Selective2 disclosure cannot be made to any person simply
because they owe the issuer a
duty of confidentiality. For example, an issuer contemplating
a major transaction which requires shareholder support or which could significantly
impact its lending arrangements or credit-rating may selectively disclose
details of the proposed transaction to major shareholders , its lenders and/or
credit-rating agency as long as the recipients are bound by a duty of confidentiality.
An
(1) The retail and SME deposit3 component is the sum represented by:(a) 20% of a firm's Type A retail deposits;3(b) 10% of a firm's Type B retail deposits; and3(c) 20% of a firm's SME deposits.3(2) A firm must:(a) assess the likelihood that retail deposits that it holds will be withdrawn in response to actual or perceived changes in the firm's credit-worthiness; (b) calculate the amount of retail deposits that it assesses as having a higher than average likelihood of withdrawal
(1) 3The application of risk weights must be based on the exposureclass to which the exposure is assigned and, to the extent specified in MIPRU 4.2BA and MIPRU 4.2F (Exposures and risk weights), its credit quality.(2) Credit quality must be determined by reference to solicited credit assessments of eligible ECAIs where these are available, in accordance with MIPRU 4.2E (Use of external credit assessments).
19A firm must ensure that an employee does not carry on any of the activities 23A to 23E in TC Appendix 1 without having an appropriate level of knowledge and competence, which includes an appropriate:(1) knowledge of MCD credit agreements and any ancillary services offered by the firm with them;(2) knowledge of the laws relating to MCD credit agreements for consumers (in particular, consumer protection);(3) knowledge and understanding of the property purchasing process;(4) knowledge
(1) This rule does not apply in respect of a transferable security or an approved money-market instrument to which COLL 5.6.8R (Spread: government and public securities) applies21. (2) Not more than 20% in value of the scheme property is to consist of deposits with a single body.(3) Not more than 10% in value of the scheme property is to consist of transferable securities or money-market instruments issued by any single body subject to COLL 5.6.23 R (Schemes replicating an index).(3A)
(1) A firm's risk management policies must take account of market risk, liquidity risk, and legal and operational risk that can be associated with CCR.(2) The firm must not undertake business with a counterparty without assessing its creditworthiness and must take due account of settlement and pre-settlement credit risk.(3) These risks must be managed as comprehensively as practicable at the counterparty level (aggregating CCRexposures with other credit exposures) and at the firm-wide