1

Application and Definitions

1.1

This Part applies to:

  1. (a) a firm that is a CRR firm; and
  2. (b) a CRR consolidation entity.

1.2

In this Part, the following definitions shall apply:

UK-adopted international accounting standards

has the same meaning it has in section 474(1) of the Companies Act 2006.

1.3

To the extent that the rules in this Part are not CRR rules, rule 2.13 of the Interpretation Part shall apply to the rules as if they were CRR rules.