CP13/6 - CRD IV for Investment Firms - Financial Conduct Authority

FCA 2013/xx
Permission
1 Internal Ratings Based
(IRB) permission for
credit risk
2 Eligibility of physical
collateral under the IRB
Approach
3 Master netting
agreement internal
models approach
4 Supervisory formula
method for
securitisation
transactions
5 ABCP internal
assessment approach
6 Exceptional treatment
for liquidity facilities
where pre-
Column A
FCA rule
(rule waiver or
modification)
- BIPRU 4 applies to a
firm with an IRB
permission
- Rules waived or
modified:
(a) GENPRU 2.1.51R
(b) BIPRU 3.1.1R
- BIPRU 4.10.16R
(Where authorised by
the firm’s IRB
permission)
- BIPRU 5.6.1R, in
accordance with BIPRU
5.6.12R
- BIPRU 9.12.3R
- BIPRU 9.12.5R
- BIPRU 9.12.21R
(Where authorised by
the firm’s IRB
permission)
- BIPRU 9.12.20R
(Where authorised by
the firm’s IRB
permission)
- BIPRU 9.11.10R as
modified in accordance
with BIPRU 9.12.28G
Column B
EU CRR
reference
- Part Three,
Title II,
Chapter 3
- Art. 143
- Art. 178.1(b)
(where a firm
is authorised
to replace 90
days with
180 days for
exposures
secured by
residential or
SME
commercial
real estate in
the retail
exposure
class)
Art. 199.6
Art. 221
Art. 259.1(b)
Art. 262
Art. 259.3
Art. 263.2
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