Prudential Regulation Authority Rulebook

1.1

The Liquidity Parts apply to:

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

[Note: Chapter 5 makes provision for the application of the NSFR provisions to SDDTs and SDDT consolidation entities]

1.2

In the Liquidity Parts, the following definitions shall apply:

the end of the business day

means 22.00 hours (London time) on the business day immediately following the last day of the reporting period for the item in question;

central bank of a third country

means a third country national central bank, the European Central Bank or other supranational central bank;

competent authority

means the PRA or, in relation to a third country, a national supervisory authority, a European supervisory authority or other supranational supervisory authority;

immediate parent undertaking

means a parent undertaking within the meaning of section 1162 of the Companies Act 2006 disregarding for this purpose section 1162(5) of that Act.

Liquidity Parts

means the Liquidity (CRR) and Liquidity Coverage Ratio (CRR) Parts of the PRA Rulebook;

NSFR provisions

means:

(a) Article 413(2);
(b) Article 415, as it relates to Articles 428a-428ah;
(c) Articles 416-428ah;
(d) Article 17 of the Reporting (CRR) Part; and
(e) Article 447(g) of the Disclosure (CRR) Part.

weekly

means the period beginning on Saturday and ending on Friday.