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Glossary

The Rulebook Glossary contains defined terms used in more than one Part across the PRA Rulebook.

The full Glossary can be downloaded as a PDF or printed using the icons to the right.

Term Definition Legal instruments for this definition

EBA

01/01/2014

means the European Banking Authority.

EEA

02/04/2015

means the European Economic Area.

EEA bank

19/06/2014

means an incoming EEA firm that is a CRD credit institution.

EEA parent financial holding company

01/07/2015

means a parent financial holding company in an EEA State which is not a subsidiary of an institution authorised in any EEA State or of another financial holding company or mixed financial holding company set up in any EEA State.

EEA parent institution

01/07/2015

means a parent institution in an EEA State which is not a subsidiary of another institution authorised in an EEA State or of a financial holding company or mixed financial holding company set up in any EEA State.

EEA parent mixed financial holding company

01/07/2015

means a parent mixed financial holding company in an EEA State which is not a subsidiary of an institution authorised in any EEA State or of another financial holding company or mixed financial holding company set up in any EEA State.

EEA State

29/04/2014

This term is defined externally, please refer to -

FSMA s425

EEA State

03/07/2015

(in the Solvency II Firms, Non Solvency II Firms and Non-Authorised Persons Sectors of the PRA Handbook) has the meaning given in the Interpretation Act 1978 and, where the context requires, includes references to Gibraltar as appropriate.

effecting contracts of insurance

19/06/2014

means the regulated activity specified in article 10(1) of the Regulated Activities Order (Effecting and carrying out contracts of insurance).

eligible counterparty

03/08/2015

has the meaning given in the FCA Handbook as at 31 July 2015 for the purposes other than for the purposes of the part of the FCA Handbook (as at 31 July 2015) in High Level Standards that has the title Principles for Businesses. 

employee

19/06/2014

means an individual:

(1) who is employed or appointed by a person in connection with that person's business, whether under a contract of service or for services or otherwise; or

(2) whose services, under an arrangement between that person and a third party, are placed at the disposal and under the control of that person.

establishing, operating or winding up a personal pension scheme

03/08/2015

means the regulated activity, specified in article 52(b) of the Regulated Activities Order (Establishing etc. a pension scheme).

establishing, operating or winding up a stakeholder pension scheme

03/08/2015

means the regulated activity, specified in article 52 (a) of the Regulated Activities Order (Establishing etc. a pension scheme).

establishing, operating or winding-up a collective investment scheme

03/08/2015

means the regulated activity specified in article or 51ZE of the Regulated Activities Order (Establishing etc a collective investment scheme).

EU instrument

19/06/2014

has the meaning given in Part II of Schedule 1 to the European Communities Act 1972.

European Economic Area

02/04/2015

means the area established by the Agreement on the European Economic Area signed at Oporto on 2 May 1992, as it has effect for the time being and which consists of the EEA States.