Glossary
Looking for the right term then try the glossary:
| Term | Definition | Legal instruments |
|---|---|---|
|
restricted assets 01/01/2016 |
THIS DEFINITION ONLY APPLIES TO THE INSURANCE COMPANY – OVERALL RESOURCES AND VALUATION PART
means assets of the undertaking which are subject to a legal restriction or other requirement having the effect that those assets cannot be transferred or otherwise made available to the firm for the purposes of the firm meeting its CR Requirement without causing a breach of that legal restriction or requirement. |