Glossary

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Term Definition Legal instruments

non-core large exposures group or NCLEG

01/01/2014

THIS DEFINITION ONLY APPLIES TO THE LARGE EXPOSURES PART

means all counterparties that:

(a) are listed in a firm's NCLEG non-trading book permission or NCLEG trading book permission; and

(b) in relation to a firm, satisfy the conditions in 2.1 or 2.2.