Part 4 Chargeable equity and liabilities

United Kingdom

1. Definition of “assets”, “equity” and “liabilities”
2. Chargeable equity and liabilities: relevant groups
3. Chargeable equity and liabilities: relevant entities
4. Meaning of “UK sub-group”
5. Meaning of “chargeable UK resident entity”
6. Election to disregard non-UK allocated equity and liabilities
7. Determining the assets, equity and liabilities of UK resident entities
8. Determining the UK-based equity and liabilities of UK resident entities
9. Determining the UK-based equity and liabilities of UK sub-groups
10. Adjustments: general
11. Step 2 in paragraph 15N: equity and liability adjustments and netting
12. Step 3 in paragraph 15N: loss absorbing instruments issued by overseas subsidiaries
13. Step 4 in paragraph 15N: high quality liquid assets
14. Designated FPE entities: non-UK allocated equity and liabilities etc
15. Netting: non-UK allocated equity and liabilities
16. Equity and liabilities: threshold amount
17. Definition of “UK allocated equity and liabilities”
18. “Excluded” equity and liabilities