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

FCA 2013/xx
(2) (in accordance with Article 3(1)(c) of the Capital Adequacy
Directive and Article 4(6) of the Banking Consolidation
Directive (Definitions) and for the purposes of GENPRU
and BIPRU (except in (1)) a credit institution or a CAD
investment firm, whether or not it is incorporated in, or has
its head office in, an EEA State.
investment firm
…
(3) (in IFPRU and BIPRU 12 (Liquidity standards)) has the
meaning in article 4(1)(2) of the EU CRR.
(4) (in GENPRU and BIPRU (except in (3)) any of the
following:
(a) a firm in (3);
(b)
a BIPRU firm.
investment services
sector
(1) a sector composed of one or more of the following entities:
…
(2) (in BIPRU (except in BIPRU 12 (Liquidity standards)) a
sector comprised of one or more of the following entities:
(a)
(b)
the entities in (1); and
a CAD investment firm.
large exposure
limited activity firm
limited licence firm
has the meaning set out in BIPRU 10.5.1R, which in summary is
the total exposure of a firm to a counterparty, or a group of
connected clients, whether in the firm's non-trading book or
trading book or both, and counterparties falling within BIPRU
10.10A.1R within the trading book, which in aggregate equals or
exceeds 10% of the firm's capital resources. has the meaning in
article 392 of the EU CRR (Definition of a large exposure).
has the meaning set out in BIPRU 1.1.11R (Types of investment
firm: Limited activity firms) article 96(1) of the EU CRR.
has the meaning set out in BIPRU 1.1.12R (Types of investment
firm: Limited licence firms) article 95(1) of the EU CRR.
local (1) (except in BIPRU 1.1 (Application and purpose) IFPRU 1.1
(Application and purpose) a firm which is a member of a
futures and options exchange and whose permission
includes a requirement that:
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