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

Prudential Regulation Authority Rulebook

Part

Market Risk

Chapter

Application and Definitions

Printed on: 09/07/2025

Rulebook at: 24/04/2021


1

Application and Definitions

1.1

This Part applies to every firm that is a CRR firm.

  • 01/01/2014

1.2

In this Part the following definitions shall apply:

convertible bond

means a security which gives the investor the right to convert the security into a share at an agreed price on an agreed basis.

equity

means a share.

security

has the meaning specified in Article 3(1) of the Regulated Activities Order.
share

means the investment specified in Article 76 of the Regulated Activities Order.
  • 01/01/2014

1.3

Unless otherwise defined, any italicised expression used in this Part and defined in the CRR has the same meaning as in the CRR.
  • 01/01/2014