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Division 5 BEHAVIOURAL MEASURES AND CORPORATE GOVERNANCE

United Kingdom

Original text. Later amendments are not shown.

  1. 5.1Ban on acquisitions: FIH shall not acquire any stake in any undertaking. This applies both to undertakings which have the legal form of a company and packages of assets which form a business.
  2. 5.2Division 5.2
  3. 5.3Deposits: FIH will not offer more favourable prices for deposit products (notably but not exclusively for retail deposits in FIH Direct Bank) than the two best priced competitors in a given market.
  4. 5.4Division 5.4
  5. 5.5Division 5.5
  6. 5.6Division 5.6
  7. 5.7Restrictions on FIH Holding related to ownership: FIH Holding shall not pledge its shareholding in FIH. Related party transactions shall be on arm’s length. No decision affecting the credit-worthiness or liquidity of FIH Holding compromising its capability of paying a negative variable purchase price if required shall be taken.
  8. 5.8Buy Back of Hybrid Capital Instruments or other Capital Instruments: