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

FCA 2013/xx
ICAAP rules (1) (in GENPRU) the rules in GENPRU 1.2.30R to GENPRU
1.2.39R (Systems, strategies, processes and reviews),
GENPRU 1.2.42R (Main Requirements: Stress and scenario
tests) and GENPRU 1.2.60R to GENPRU 1.2.61R
(Documentation of risk assessments) as they apply on a solo
level and on a consolidated level.
(2) (for the purpose of IFPRU) the rules in IFPRU 2.2.2R to
IFPRU 2.2.7R (Strategies, processes and systems) to
IFPRU 2.2.16R, IFPRU 2.2.37G (Stress and scenario tests)
in relation to a significant IFPRU firm and IFPRU 2.2.43R
(Documentation of risk assessments) as they apply on a
individual basis and on a consolidated basis.
ILAS BIPRU firm
a firm falling into BIPRU 12.1.1R, but excluding a firm that is:
(a)
(b)
(c)
(d)
an exempt full scopeBIPRU full-scope IFPRU investment
firm; or
a BIPRU limited licence firm an IFPRU limited-licence
firm; or
a BIPRU limited activity firm an IPFRU limited-activity
firm; or
an exempt BIPRU IFPRU commodities firm.
initial capital
…
(6) (for the purpose of the definition of dealing on own account
in BIPRU and in the case of an undertaking not falling
within (3) or (4)) capital resources calculated in accordance
with (3) and paragraphs (3) and (4) of the definition of
capital resources; and
…
(8) (for an IFPRU investment firm and in accordance with
article 28(1) of CRD) the amount of own funds referred to
in article 26(1)(a) to (e) of the EU CRR and calculated in
accordance with Part Two of those Regulations (Own
funds).
(9) (for the purpose of the definition of dealing on own account
in IFPRU) the amount of own funds referred to in article
26(1)(a) to (e) of the EU CRR and calculated in accordance
with Part Two of those Regulations (Own funds).
institution (1) (for the purposes of GENPRU 3 (Cross sector groups),
BIPRU 12 (Liquidity standards) and IFPRU) has the
meaning in article 4(1)(3) of the EU CRR).
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