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

FCA 2013/xx
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(da)
(e)
(f)
apply the treatment for a core UK group in BIPRU 3.2.25R
(Zero risk-weighting for intra-group exposures) or in BIPRU
10.8A (Intra-group exposures: core UK group); or.
apply the treatment for a non-core large exposures group in
BIPRU 10.9A (Intra-group exposures: non-core large
exposures group); or [deleted]
apply the treatment in BIPRU 10.6.35R (Sovereign large
exposure waiver). [deleted]
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Forms and method of application
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1.3.14 D If a firm wishes to apply for a waiver or an Article 129 permission to use the
advanced measurement approach, it must complete and submit the form in
BIPRU 1 Annex 1D D. [deleted]
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2 Capital
2.1 Solo consolidation
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2.1.2 G The Pursuant to the third paragraph of article 95(2) of the EU CRR, the
purpose of this section is to implement Articles 70 and 118 of the Banking
Consolidation Directive. so far as they apply under It also implements
Articles 2 and 28 of the Capital Adequacy Directive so far as they apply
those provisions of the Banking Consolidation Directive to CAD investment
firms that are subject to the requirements imposed by MiFID (or which
would have been subject to that Directive if its head office were in an EEA
State), but excluding a bank, building society, a credit institution, a local and
an exempt CAD firm.
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2.1.7 R A firm that has a solo consolidation waiver must incorporate in the
calculation of its requirements under the main BIPRU firm Pillar 1 rules and
BIPRU 10 (Large exposure requirements) each subsidiary undertaking to
which the solo consolidation waiver applies. This does not apply to the base
capital resources requirement.
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