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:

relevant CIU

means a CIU:

1. (a) that is managed by a company which is registered in a third country; and
2. (b) for which an institution applies the look-through approach in accordance with Article 132a(1) or the mandate-based approach in accordance with Article 132a(2) to calculate the risk-weighted exposure amount for their exposures in the form of units or shares in the CIU.