Term
Definition
Letter: A
admission to trading
(3) (elsewhere in the Handbook)(in relation to an investment and an exchange) the process by which the exchange permits members of the exchange to enter into transactions in that investment under and subject to the rules of the exchange.
- 22/12/2006
alternative standardised approach
one of the following:
(a) a version of the standardised approach to operational risk under which a firm uses different indicators for certain business lines as referred to in BIPRU 6.4.19 R (The alternative standardised approach);
(b) (where the approach in (a) is being applied on a consolidated basis) the method in (a) as applied on a consolidated basis in accordance with BIPRU 8 (Group risk - consolidation); or
(c) when the reference is to the rules of or administered by a regulatory body other than the
FSA, whatever corresponds to the approach in (a) or (b), as the case may be, under those rules.
- 01/01/2007
alternative trading system
a system that brings together multiple buying and selling interests in designated investments (other than life policies, personal pension schemes,
stakeholder pension schemes or rights to or interests in any of those investments), in the system and according to non-discretionary rules set by the system's operator in a way that results in a contract but does not include:
(a) a system that is operated by an RIE or that is a
regulated market or an EEA commodities market; or
(b) a bilateral system.
- 06/04/2007
alternatively secured pension
(as defined in paragraph 5 of Schedule 28 to the Finance Act 2004) income withdrawal.
- 06/04/2006