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refinance
As Published: 2013
refinance
127 see the definition of finance (except in relation to CONC 6.7.18 R to CONC 6.7.23 R and CONC 7.6.12 R ) 132 .
vendor consideration placing
As Published: 2005
vendor consideration placing
(in UKLR 25 ) a marketing, by or on behalf of vendors, of securities that have been allotted as consideration for an acquisition. 6…
cash component
As Published: 2001
cash component
a qualifying investment prescribed in paragraph 8 of the ISA Regulations (Qualifying investments for a cash component). 3…
investment manager
As Published: 2007
investment manager
(1) (except in UKLR 195 ) a person who, acting only on behalf of a client : (a) manages designated investments in an account or portfolio on a discretionary basis under the terms of a discretionary ma…
TD Major Holdings Regulation
As Published: 2019
TD Major Holdings Regulation
86 the UK version of Commission Delegated Regulation (EU) 2015/761 of 17 December 2014 supplementing Directive 2004/109/EC of the European Parliament and of the Council with regard to certain regulato…
daily trading flow
As Published: 2001
daily trading flow
142 the daily value of transactions that a MIFIDPRU investment firm enters through: (1) dealing on own account ; or (2) the execution of orders on behalf of clients in the firm’s own name.
whole life assurance
As Published: 2001
whole life assurance
a contract of insurance which, disregarding any benefit payable on surrender, secures a capital sum only on death or either on death or on disability, but does not include a term assurance. 3…
Solvency II Directive
As Published: 2010
Solvency II Directive
92 the Directive of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) 131 (No. 2009/138/EC).
relevant new claims management complaint
As Published: 2019
relevant new claims management complaint
190 a complaint in respect of which the Financial Ombudsman Service has jurisdiction by operation of article 70(1) of the Financial Services and Markets Act 2000 (Claims Management Activity) Order 201…
provider of credit information services
As Published: 2014
provider of credit information services
116 a person providing credit information services who has, or ought to have, a Part 4A permission to carry on the regulated activity of providing credit information services .
approved derivative
As Published: 2001
approved derivative
(1) (in COLL 63 ) a derivative which is traded or dealt in on an eligible derivatives market. 21 (2) (in 37 INSPRU 37 ) a derivative in respect of which the conditions in 37 INSPRU 3.2.5 R 37 are met.
cryptoasset exchange traded note
As Published: 2020
cryptoasset exchange traded note
244 247 a debt security : (a) which is traded on a trading venue or a market operated by a ROIE ; (b) which features no periodic coupon payments; and (c) whose return tracks the performance of an unre…
authorised corporate director
As Published: 2001
authorised corporate director
4 8 13 the director of an ICVC who is the authorised corporate director of the ICVC in accordance with COLL 6.5.3 R (Appointment of an ACD) 154 .
waiver
As Published: 2001
waiver
a direction waiving or modifying a rule , given by the appropriate regulator 46 under section 138A of the Act (Modification or waiver of rules) or by the FCA under sections 46 250, 261L 24 or 294 of t…
Principles and Practices of Financial Management
As Published: 2003
Principles and Practices of Financial Management
10 the Principles and Practices of Financial Management, containing with-profits principles and with-profits practices , 52 which a firm carrying on with-profits business must establish, maintain and…
MCD credit intermediary
As Published: 2015
MCD credit intermediary
99 an MCD mortgage credit intermediary or an MCD article 3(1)(b) credit intermediary . [Note: article 4(5) and (21) of the MCD ]…
flexi-access drawdown pension fund
As Published: 2019
flexi-access drawdown pension fund
129 131 in accordance with paragraph 8A of schedule 28 to the Finance Act 2004, sums or assets held in a personal pension scheme or stakeholder pension scheme and designated as available for the payme…