Prudential Regulation Authority Rulebook

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:

additional leverage disclosure requirements

means the requirements specified in:

1. (a) Articles 447(e)(ii), 451(2) and (3) of Chapter 4;
2. (b) paragraph 4a of Annex II of Chapter 6; and
3. (c) paragraph 4a of Annex XII of Chapter 6.

average exposure measure

means the average total exposure measure calculated in accordance with Articles 451(4)(a) or 451(5) of Chapter 4, as applicable.

average leverage ratio

means the average leverage ratio calculated in accordance with Articles 451(4)(b) of Chapter 4.

central bank claim

means the following exposures of a firm to a central bank, provided these are denominated in the national currency of such central bank:

1. (1) banknotes and coins constituting legal currency in the jurisdiction of the central bank;
2. (2) reserves held by a firm at the central bank; and
3. (3) any assets representing debt claims on the central bank with a maturity of no longer than 3 months.

standard leverage disclosure requirements

means the requirements specified in Articles 447(e)(i) and 451(1) of Chapter 4, and related requirements in Article 7 of Chapter 5 and annexes XI and Annex XII of Chapter 6.