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

FCA 2013/xx
3.4 R For the purposes of article 467(1) of the EU CRR, the applicable percentages
are:
(1) 20% during the period from 1 January 2014 to 31 December 2014;
(2) 60% during the period from 1 January 2015 to 31 December 2015;
(3) 60% during the period from 1 January 2016 to 31 December 2016;
and
(4) 80% for the period from 1 January 2017 to 31 December 2017.
[Note: article 467(2) of the EU CRR]
Removal of unrealised gains at fair value
3.5 R For the purposes of article 468(1) of the EU CRR, the applicable percentages
are:
(1) 60% during the period from 1 January 2015 to 31 December 2015;
(2) 40% during the period from 1 January 2016 to 31 December 2016;
and
(3) 20% for the period from 1 January 2017 to 31 December 2017.
[Note: article 468(2) of the EU CRR]
Inclusion of fair value gains and losses
3.6 R For the purposes of article 468(4) of the EU CRR, the applicable percentages
are:
(1) 20% during the period from 1 January 2014 to 31 December 2014;
(2) 40% during the period from 1 January 2015 to 31 December 2015;
(4) 60% during the period from 1 January 2016 to 31 December 2016;
and
(4) 80% for the period from 1 January 2017 to 31 December 2017.
TP 4
Deductions from own funds
Application
4.1 R IFPRU TP 4 applies to an IFPRU investment firm, unless it is an exempt
IPFRU commodities firm.
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