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a group that is identified as a UK consolidation group in accordance with the decision tree in BIPRU 8 Annex 1R (Decision tree identifying a UK consolidation group); the members of that group are:(a) where either Test 1A or Test 1B in BIPRU 8 Ann 1R apply, the members of the consolidation group made up of the sub-group of the parent institution in a Member State identified in BIPRU 8 Ann 1R together with any other person who is a member of that consolidation group because of a consolidation Article 12(1) relationship or an Article 134 relationship; or(b) where either Test 1C or Test 1D in BIPRU 8 Ann 1R apply, the members of the consolidation group made up of the sub-group of the parent institution in a Member State in a Member State identified in BIPRU 8 Ann 1R together with any other person who is a member of that 0 consolidation group because of consolidation Article 12(1) relationship or an Article 134 relationship;in each case only persons included under BIPRU 8.5 (Basis of consolidation) are included in the UK consolidation group.
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(in ELM) the same thing as EEA group risk own funds requirement, subject to the adjustments required by ELM 7.5.5R (UK group risk own funds and UK group risk own funds requirement).
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(in ELM) (in relation to an ELMI) the same thing as the ELMI's EEA group large exposure except that references to its EEA consolidated group are replaced with references to its UK consolidated group, as established in accordance with ELM 7 (Consolidated financial supervision).
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(in ELM) the same thing as EEA group risk own funds, subject to the adjustments required by ELM 7.5.5 R (UK group risk own funds and UK group risk own funds requirement).
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(in ELM) (in relation to an ELMI) the consolidated sub-group of:(b) (if the ELMI has no UK financial parent undertaking and the ELMI is a UK domestic firm) the ELMI;as established in accordance with ELM 7 (Consolidated financial supervision).
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(in relation to a firm) all undertakings which, in relation to the firm, satisfy the conditions set out in BIPRU 10.8.4R (Definition of UK integrated group).
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(as defined in paragraph 10 of Schedule 3 to the Act (EEA Passport Rights)) a person whose head office is in the United Kingdom and who has an EEA right to carry on activity in an EEA State other than the United Kingdom.
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a UK domestic firm which has Part IV permission to carry on insurance mediation activity but no other regulated activity.
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the FSA acting in its capacity as the competent authority for the purposes of Part VI of the Act (Official Listing).
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the MCR calculated in accordance with INSPRU 1.5.44R by a non-EEA direct insurer (except a UK-deposit insurer, an EEA-deposit insurer or a Swiss general insurer) in relation to business carried on by the firm in the United Kingdom.
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a non-EEA insurer that has made a deposit in the United Kingdom under article 23 of the First Non-Life Directive in accordance with article 26 of that Directive or under article 51 of the Consolidated Life Directive in accordance with article 56 of that Directive.
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a parent financial holding company in a Member State where the EEA State in question is the United Kingdom.
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a firm that has its registered office (or, if it has no registered office, its head office) in the United Kingdom.
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a bank which is a body corporate or partnership formed under the law of any part of the United Kingdom.
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(in ELM) (in relation to an ELMI) the same thing as EEA financial parent undertaking except that references to another EEA State are replaced with ones to the United Kingdom.