Article 133 Application and interpretation of Chapter 4

This Chapter applies where the PRA or FCA is the consolidating supervisor in relation to a relevant group.

In this Chapter—

• F1... “group entity” and “minimum requirement” have the same meaning for the relevant group as they have for a relevant group in Chapter 2;

• F2“group institution” means an institution, other than a mortgage credit institution within the meaning given in Chapter 1, that—

  1. (a)

     is authorised by the PRA or FCA and

  2. (b)

     forms part of a relevant group;

• “minimum consolidated requirement” means the minimum consolidated requirement (within the meaning given in Chapter 2) which is determined for the relevant group;

• “netting arrangement” has the same meaning as in Chapter 2;

• F3...

• ...