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

FCA 2013/xx
EEA prudential
sectoral legislation
(in relation to a financial sector) requirements applicable to persons
in that financial sector in accordance with EEA legislation about
prudential supervision of regulated entities in that financial sector
and so that:
(a)
(in relation to the banking sector and the investment
services sector) in particular this includes the requirements
laid down in the EU CRR and (in relation to a CAD
investment firm) the Banking Consolidation Directive and
the Capital Adequacy Directive; and
…
eligible ECAI
…
(c)
(in BIPRU 12) that is listed in the first row in the table set
out in BIPRU 12 Annex 1R.
equity
exempt full scope
BIPRU IFPRU
investment firm
(for the purpose of BIPRU 7 and IFPRU 6) a share.
A full scope BIPRU full-scope IFPRU investment firm falling into
BIPRU 12.1.4R.
exempt CAD firm (1) (except in SYSC and IPRU(INV)) has the meaning set out in
BIPRU 1.1.16R (Types of investment firm: exempt CAD
firm) which is in summary an investment firm that satisfies
certain specified conditions a firm as defined in article
4(1)(2)(c) of the EU CRR that is authorised to provide only
one or more the following investment services:
(a)
(b)
investment advice;
receive and transmit orders from investors as
referred to in Section A of Annex I of MiFID).
exposure
…
(3) (for the purposes of BIPRU 10 (Large exposures
requirements)) has the meaning in BIPRU 10.2
(Identification of exposures and recognition of credit risk
mitigation). [deleted]
(4) (in IFPRU and to calculate own funds requirements under
Part Three Title II ( credit risk and counterparty credit risk)
and the combined buffers in IFPRU 9 (Capital buffers)) has
the meaning in article 5(1) of the EU CRR.
(5) (in IFPRU 8.2 (Large exposures) and for the purpose of
Part Four ((Large exposures) of the EU CRR) has the
meaning in article 389 of the EU CRR (Large exposures:
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