Prudential Regulation Authority Rulebook

1.1

Unless otherwise stated, this Part applies to a firm that is a UK bank or building society that, on the firm’s last accounting reference date, had retail deposits equal to or greater than £50 billion on:

1. (1) an individual basis;
2. (2) if the firm is a parent institution in a Member State, the basis of its consolidated situation; or
3. (3) if the firm is controlled by a parent financial holding company in a Member State or by a parent mixed financial holding company in a Member State and the PRA is responsible for supervision of that holding company on a consolidated basis under Article 111 of the CRD, the basis of the consolidated situation of that holding company.

1.2

In this Part, the following definitions shall apply:

deposit

has the meaning given in 30, Part 1, Annex V (Reporting on financial information) of the European Banking Authority’s Implementing Technical Standards amending the Commission’s Implementing Regulation (EU) No 680/2014 on supervisory reporting under Regulation (EU) No 575/2013 of the European Parliament and of the Council.

retail deposit

means deposits from “households” as defined in 35(f), Part 1, Annex V (Reporting on financial information) of the European Banking Authority’s Implementing Technical Standards amending the Commission’s Implementing Regulation (EU) No 680/2014 on supervisory reporting under Regulation (EU) No 575/2013 of the European Parliament and of the Council.

1.3

Unless the contrary intention appears, all words and expressions used in this Part and in the CRR shall have the same meaning as in the CRR.