Search Result
MiFID optional exemption business
As Published: 2017
MiFID optional exemption business
118 investment services and/or activities and, where relevant, ancillary services carried on by a MiFID optional exemption firm .
real time financial promotion
As Published: 2001
real time financial promotion
(in accordance with article 7(1) of the Financial Promotion Order) a financial promotion made in the course of a personal visit, telephone conversation or other interactive dialogue. 5 9…
endowment assurance
As Published: 2001
endowment assurance
4 a life policy which pays a sum of money on the survival of the life assured to a specific date or on his earlier death.
LME bond arrangement
As Published: 2014
LME bond arrangement
59 an arrangement for the segregation of money held by firms on behalf of US customers for transactions undertaken on the exchange operated by the LME , which is an alternative to complying with condi…
bearer form
As Published: 2001
bearer form
4 (in relation to a client's certificate, share transfer or other document ) in a form signed by the client so that it enables a designated investment or deposit to which it relates to be sold, transf…
insurance risk transformation
As Published: 2017
insurance risk transformation
159 the regulated activity specified in article 13A of the Regulated Activities Order (Transformer vehicles: insurance risk transformation) which is, in summary, the activity of an undertaking (‘A’) a…
contingent liability investment
As Published: 2001
contingent liability investment
a derivative under the terms of which the client will or may be liable to make further payments (other than charges , and whether or not secured by margin ) when the transaction falls to be completed…
introducing broker
As Published: 2001
introducing broker
a firm which introduces transactions relating to designated investments arranged (brought about) for its clients to a clearing firm . 5…
biomass investment
As Published: 2008
biomass investment
29 any of the following: (a) a unit in a biomass collective investment scheme ; (b) an option to acquire or dispose of a biomass investment ; (c) a future where the commodity in question is biomass ;…
community co-insurance operation
As Published: 2001
community co-insurance operation
a co-insurance operation which relates to one or more risks classified under general insurance business classes 3 to 16 and which fulfils the conditions in article 190(1)(a) to (f) of the Solvency II…
flat rate benefits business friendly society
As Published: 2001
flat rate benefits business friendly society
a friendly society whose insurance business is restricted to the provision of benefits which vary according to the resources available and in which the contributions of members are determined on a fla…
COBS 6 Annex 1 Services and costs disclosure document described in COBS 6.3.7G(1) [deleted]
As Published: 2007
COBS 6 Annex 1 Services and costs disclosure document described in COBS 6.3.7G(1) [deleted]
…
large non-directive insurer
As Published: 2015
large non-directive insurer
65 a ‘large non-directive insurer’ as defined in the PRA Rulebook: Glossary.
dedicated
As Published: 2001
dedicated
(in relation to investments of an authorised fund ) intended that the holders should participate in or receive: (a) profits or income arising from the acquisition, holding, management or disposal of i…
claims management company
As Published: 2019
claims management company
228 a person carrying on a regulated claims management activity in Great Britain .
non-profit fund
As Published: 2004
non-profit fund
13 a long-term insurance fund which is not a with-profits fund .