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

FCA 2013/xx
consolidated basis
consolidated situation
consolidating
supervisor
core UK group
direction
core UK group eligible
capital
countercyclical capital
buffer
countercyclical capital
buffer rate
has the meaning in article 4(1)(48) of the EU CRR.
has the meaning in article 4(1)(47) of the EU CRR.
has the meaning in Article 4(1)(41) of the EU CRR.
a direction given by the FCA under article 113(6) of the EU CRR.
means the eligible capital in the core UK group calculated in line
with IFPRU 8.2.7R.
(in accordance with article 130(2) of CRD (Definitions)) the
amount of common equity tier 1 capital a firm must calculate in
accordance with IFPRU 9.3.1R.
(in accordance with article 130(7) of the CRD (Definitions)):
(a)
(b)
the rate set by the UK countercyclical buffer authority or an
EEA countercyclical buffer authority expressed as a
percentage of total risk exposure amount; or
the rate set by a third country countercyclical buffer authority
expressed in terms equivalent to a percentage of total risk
exposure amount,
that a firm must apply in order to calculate its countercyclical
capital buffer.
CRD full-scope firm
designated investment
firm
distribution in
connection with
common equity tier 1
capital
an investment firm as defined in article 4(1)(2) of the EU CRR that
is subject to the requirements imposed by MiFID (or which would
be subject to that Directive if its head office were in an EEA State)
and that is not a limited activity firm or a limited licence firm.
an authorised person that has been designated by the PRA under
article 3 of the PRA-regulated Activities Order.
(in accordance with article 141(10) of CRD) includes:
(a)
(b)
a payment of cash dividends;
a distribution of fully or partly paid bonus shares or other
capital instruments referred to in article 26(1)(a) of the EU
CRR (Common equity tier 1 items);
(c)
a redemption or purchase by a firm of its own shares or
other capital instruments referred to in article 26(1)(a) of
the EU CRR (Common equity tier 1 items);
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