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Application provision

1.1 Unless otherwise stated, this Part applies to:

  1. (1) every firm that is a UK bank or a building society that, on the firm’s last accounting reference date, had retail deposits equal to or greater than £50 billion either on:
    1. (a) an individual basis;
    2. (b) if the firm is a parent institution in a Member State, on the basis of its consolidated situation; or
    3. (c) 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, on the basis of the consolidated situation of that holding company; and
  2. (2) a ring-fenced body that is a member of a group containing a firm falling within 1.1(1).

3.1

01/01/2019

Subject to 4.1, a firm must complete the data item FSA083 using the template for the data item set out here.

3.2

01/01/2016

When completing the data item in 3.1, the average leverage ratio for a quarter must be calculated by a firm as its capital measure divided by its exposure measure where the:

  1. (1) capital measure is the arithmetic mean of the firm’s tier 1 capital on the last day of each month in the quarter ending on the relevant quarterly reference date; and
  2. (2) exposure measure is the sum of:
    1. (a) the arithmetic mean of the firm’s total exposure measure in relation to on-balance sheet assets on each day in the quarter ending on the relevant quarterly reference date; and
    2. (b) the arithmetic mean of the firm’s total exposure measure excluding on-balance sheet assets on the last day of each month in the quarter ending on the relevant quarterly reference date.