Prudential Regulation Authority Rulebook

1.1

This Part applies to:

1. (a) a firm that is a CRR firm; and
2. (b) a CRR consolidation entity.

1.2

In this Part, the following definitions shall apply:

additional leverage disclosure requirements

means the requirements specified in:

1. (a) Articles 447(e)(ii), 451(2) and (3) of Chapter 4;
2. (b) paragraph 4a of Annex II of Chapter 6; and
3. (c) paragraph 4a of Annex XII of Chapter 6.

average exposure measure

means the average total exposure measure calculated in accordance with Article 451(4)(a) of Chapter 4.

average leverage ratio

means the average leverage ratio calculated in accordance with Articles 451(4)(b) of Chapter 4.

non-listed institution

means an institution that has not issued securities that are admitted to trading on a regulated market.

small CRR firm

has the meaning given in the Remuneration Part.

standard leverage disclosure requirements

means the requirements specified in Articles 447(e)(i) and 451(1) of Chapter 4, and related requirements in Article 7 of Chapter 5 and annexes XI and Annex XII of Chapter 6.