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

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

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FCA 2013/xx<br />

the EEA banking and investment group. [deleted]<br />

(6) In the case of a group described in (2) or (3) in respect of which the<br />

Article 129 procedure applies then BIPRU 4.2.26R(4) applies with<br />

respect to that wider group. The detailed requirements that apply will<br />

be decided in accordance with that procedure. [deleted]<br />

…<br />

5 Credit risk mitigation<br />

5.1 Application and purpose<br />

…<br />

5.1.2 G Pursuant to the third paragraph of article 95(2) of the EU CRR, BIPRU 5<br />

implements, in part, Articles 78(1) and 91 to 93 and Annex VIII of the<br />

Banking Consolidation Directive.<br />

…<br />

BIPRU 6 is deleted in its entirety. The deleted text is not shown.<br />

7 Market risk<br />

7.1 Application, purpose, general provisions and non-standard transactions<br />

…<br />

7.1.2 G The Pursuant to the third paragraph of article 95(2) of the EU CRR, the<br />

purpose of this chapter is to implement Annexes I, III, <strong>IV</strong> and V of the<br />

Capital Adequacy Directive.<br />

…<br />

7.2 Interest rate PRR<br />

…<br />

7.2.49 R A debt security is a qualifying debt security if:<br />

…<br />

(4) it is a debt security issued by an institution subject to the capital<br />

adequacy requirements set out in the EU CRR or, as may be<br />

Page 32 of 57

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