Term
Definition
Letter: A
applicable provisions
the Host State rules with which:
(a) an incoming EEA firm is required to comply when carrying on a permitted activity through a branch or by providing services (as applicable) in the United Kingdom, as defined in paragraphs 13(4) and 14(4) of Part II of Schedule 3 to the Act (Exercise of passport rights by EEA firms); or
- 01/12/2004
applicable sectoral consolidation rules
(in respect of a financial sector and in accordance with paragraph 6.10 of
PRU 8 Ann 1R G
(Applicable sectoral consolidation rules)) the
FSA's
sectoral rules about capital adequacy and solvency on a consolidated basis applicable to that financial sector under the table in paragraph 6.11 of PRU 8 Ann 1R G.
- 01/12/2004
applicable sectoral rules
(in respect of a financial sector) applicable sectoral consolidation rules for that financial sector and the
FSA's
sectoral rules about capital adequacy and solvency applicable to that financial sector under the table in paragraph 6.8 of PRU 8 Ann 1R Gwhich of those sets of rules apply for the purpose of a particular calculation depends on the nature of that calculation.
- 01/12/2004