1
Application and Definitions
1.1
Unless otherwise stated, this Part applies to:
- (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:
- (a) an individual basis;
- (b) if the firm is a parent institution in a Member State, on the basis of its consolidated situation; or
- (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) a ring-fenced body that is a member of a group containing a firm falling within 1.1(1).
- 01/01/2019
1.2
In this Part, the following definitions shall apply:
means the average leverage ratio calculated in accordance with 3.2 or 4.2, as applicable.
has the meaning given in Leverage Ratio 1.2.
means 31 March, 30 June, 30 September and 31 December.
means 12 May, 11 August, 11 November or 11 February.
has the meaning given in Leverage Ratio 1.2.
has the meaning given in Leverage Ratio 1.2.
has the meaning given in Leverage Ratio 1.2.
- 01/10/2018