1

Application and Definitions

1.1

Unless otherwise stated, this Part applies to every firm.

1.2

In this Part, the following definitions shall apply:

means a requirement imposed by the PRA on a firm under section 55M of FSMA (Imposition of requirements by PRA).

means a direction waiving or modifying a rule, given by the PRA under section 138A of FSMA (Modification or waiver of rules).