Application and Definitions | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Large Non-Solvency II Firms – Allocation of Responsibilities

Chapter

Application and Definitions

Printed on: 08/07/2025

Rulebook at: 14/12/2024


1

Application and Definitions

1.1

Unless otherwise stated, this Part applies to:

  1. (1) a large non-directive insurer; and
  2. (2) a Swiss general insurer.
  • 07/03/2016

1.2

In this Part, the following definitions shall apply:

management responsibilities map

has the meaning given in 5.1.

prescribed responsibility

  1. (1) for a firm (other than a Swiss general insurer) means the responsibilities in 3.1 and 3.2;
  2. (2) for a Swiss general insurer means the responsibilities set out in 3.1 to the extent only that they are relevant to the activities of the firm carried on from a branch in the UK.

Swiss general insurer prescribed responsibility

means the responsibilities in 3A.2.

  • 10/12/2018