Glossary
Looking for the right term then try the glossary:
Term | Definition | Legal instruments |
---|---|---|
UK multi-arrangement ISPV 08/12/2017 |
THIS DEFINITION ONLY APPLIES TO THE INSURANCE SPECIAL PURPOSE VEHICLES PART
means: (1) a UK ISPV that is a multi-arrangement special purpose vehicle; and (2) a UK ISPV that is a non-Solvency 2 transformer vehicle which assumes risks under more than one separate contractual arrangement from one or more undertaking(s). |