Regulation 2 InterpretationI1
United Kingdom
In these Regulations—
“BIPRU 11” means the rules of that name set out in the F1PRA Handbook;
F2“the PRA Handbook” means the Handbook made by the Prudential Regulation Authority under the Financial Services and Markets 2000 Act (as that Handbook has effect from time to time);
“GENPRU 2 Annex 2” means the rules of that name set out in the F3PRA Handbook;
“group consolidated accounts” means group accounts prepared in accordance with the requirements of Chapter 4 of Part 15 of the Companies Act 2006f1;
“group regulatory return” means consolidated financial information disclosed by a bank in accordance with BIPRU 11;
“regulatory return period” means the period to which a group regulatory return relates;
“total risk weighted assets” means the amount shown as such in the group regulatory return for a regulatory return period;
“total tier one capital” means the amount shown as such (or as “total tier 1 capital”) in the group regulatory return for a regulatory return period;
“UK banking group” means a group for which consolidated financial information is required to be compiled under BIPRU 11.
In these Regulations, the following expressions have the meaning given by the F4PRA Handbook—
“bank”,
“exposure”,
“group”,
“risk weighted exposure amount”.
In these Regulations, “net total tier one capital” so far as it is used in relation to a CFC means the CFC’s total tier one capital after deductions, as calculated in accordance with the capital resources table shown in GENPRU 2 Annex 2.
Annotations
Textual amendments
- F1
Words in reg. 2(1) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 243(a)(i)
- F2
Words in reg. 2(1) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 243(a)(ii)
- F3
Words in reg. 2(1) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 243(a)(iii)
- F4
Words in reg. 2(2) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 243(b)
Commencement
- I1
Reg. 2 in force at 1.1.2013, see reg. 1(2)
Footnotes
- f1