WRITTEN NOTICE CORE UK GROUP PERMISSION

Size: px
Start display at page:

Download "WRITTEN NOTICE CORE UK GROUP PERMISSION"

Transcription

1 WRITTEN NOTICE CORE UK GROUP PERMISSION To: The Royal Bank of Scotland plc; National Westminster Bank plc; Adam & Company plc; Coutts & Company; and Ulster Bank Limited (each a firm and collectively the firms ) Reference Number: ; ; ; ; Date: 26 November 2014 ACTION (1) In accordance with Article 113(6) of Regulation 575/2013 of the European Parliament and of the Council of 26 th June 2013 on prudential requirements for credit institutions and investment firms (the CRR ), the Prudential Regulation Authority ( the PRA ) has decided to grant the firm permission not to apply the requirements of Article 113(1) CRR to exposures to the counterparties listed in the Annex to this written notice. This permission does not apply to exposures giving rise to Common Equity Tier 1, Additional Tier 1 or Tier 2 items. (2) In the event that the conditions for grant of this Core UK Group Permission set out in Article 113(6) of the CRR cease to be met, the PRA may vary the terms and conditions of the Core UK Group Permission or revoke the Core UK Group Permission in whole or in part. Effect (3) This permission takes effect on 26 November 2014 and expires on 30 June (4) This permission supersedes and replaces previous permissions with permission numbers , , , and Decision-Maker (5) The decision which gave rise to the obligation to give this Notice was made by Rebecca Jackson, Head of Department Major UK Banks. Publication (6) Details of this permission will be published on the Financial Services Register. Registered Office: 8 Lothbury, London EC2R 7HH. Registered in England & Wales No:

2 PRA contacts (7) For more information concerning this matter generally, the firm should contact its usual supervisory contact. Kirsty Dingwall Authorisations Prudential Regulation Authority Registered Office: 8 Lothbury, London EC2R 7HH. Registered in England & Wales No:

3 Counterparties ANNEX 1 ADAM & CO PLC 2 ADAM & COMPANY GROUP PUBLIC LIMITED COMPANY 3 ADAM AND COMPANY INVESTMENT MANAGEMENT LIMITED 4 CARE HOMES 1 LIMITED 5 CARE HOMES 2 LIMITED 6 CARE HOMES 3 LIMITED 7 CARE HOMES HOLDINGS LIMITED 8 CHURCHILL MANAGEMENT LIMITED 9 CNW GROUP LIMITED 10 CNW SECURITIES JAPAN (HOLDINGS) LIMITED 11 COUTTS & CO 12 COUTTS FINANCE CO 13 DESERTLANDS ENTERTAINMENT LIMITED 14 DISTANT PLANET PRODUCTIONS LIMITED 15 EURO SALES FINANCE PLC 16 GL TRAINS LIMITED 17 HELENA PRODUCTIONS LIMITED 18 LECKHAMPTON FINANCE LIMITED 19 LOMBARD & ULSTER LIMITED 20 LOMBARD BUSINESS FINANCE LIMITED 21 LOMBARD BUSINESS LEASING LIMITED 22 LOMBARD CHARTERHIRE LIMITED 23 LOMBARD CORPORATE FINANCE (1) LIMITED 24 LOMBARD CORPORATE FINANCE (10) LIMITED 25 LOMBARD CORPORATE FINANCE (11) LIMITED 26 LOMBARD CORPORATE FINANCE (13) LIMITED 27 LOMBARD CORPORATE FINANCE (14) LIMITED 28 LOMBARD CORPORATE FINANCE (15) LIMITED 29 LOMBARD CORPORATE FINANCE (3) LIMITED 30 LOMBARD CORPORATE FINANCE (5) LIMITED 31 LOMBARD CORPORATE FINANCE (6) LIMITED 32 LOMBARD CORPORATE FINANCE (7) LIMITED 33 LOMBARD CORPORATE FINANCE (DECEMBER 1) LIMITED 34 LOMBARD CORPORATE FINANCE (DECEMBER 2) LIMITED 35 LOMBARD CORPORATE FINANCE (DECEMBER 3) LIMITED 36 LOMBARD CORPORATE FINANCE (JUNE 2) LIMITED 37 LOMBARD CORPORATE FINANCE (MARCH 1) LIMITED 38 LOMBARD CORPORATE FINANCE (SEPTEMBER 1) LIMITED 39 LOMBARD DISCOUNT LIMITED 40 LOMBARD FACILITIES LIMITED Registered Office: 8 Lothbury, London EC2R 7HH. Registered in England & Wales No:

4 41 LOMBARD FINANCE LIMITED 42 LOMBARD HOME LOANS LIMITED 43 LOMBARD INITIAL LEASING LIMITED 44 LOMBARD LEASING CONTRACTS LIMITED 45 LOMBARD LESSORS LTD 46 LOMBARD MARITIME LIMITED 47 LOMBARD NORTH CENTRAL LEASING LIMITED 48 LOMBARD NORTH CENTRAL PLC 49 LOMBARD PROPERTY FACILITIES LIMITED 50 LOMBARD TECHNOLOGY SERVICES LIMITED 51 LOMBARD VEHICLE MANAGEMENT (1) LIMITED 52 LOMBARD VEHICLE MANAGEMENT (2) LIMITED 53 LOMBARD VEHICLE MANAGEMENT (3) LIMITED 54 LOMBARD VEHICLE MANAGEMENT LIMITED 55 LOMBARD VENTURE FINANCE LIMITED 56 NANNY MCPHEE PRODUCTIONS LIMITED 57 NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY 58 NATIONAL WESTMINSTER HOME LOANS LIMITED 59 NATWEST CAPITAL FINANCE LIMITED 60 NATWEST CORPORATE INVESTMENTS 61 NATWEST LEASE MANAGEMENT LTD 62 NATWEST LEASING & ASSET FINANCE LIMITED 63 NATWEST MACHINERY LEASING LIMITED 64 NATWEST PROPERTY INVESTMENTS LTD 65 NATWEST SPECIALISED PROPERTY INVESTMENTS LIMITED 66 NATWEST VENTURES INVESTMENTS LTD 67 P OF A PRODUCTIONS LIMITED 68 PATALEX II PRODUCTIONS LIMITED 69 PATALEX III PRODUCTIONS LIMITED 70 PATALEX IV PRODUCTIONS LIMITED 71 PATALEX PRODUCTIONS LIMITED 72 PATALEX V PRODUCTIONS LIMITED 73 PITTVILLE LEASING LIMITED 74 PREMIER AUDIT COMPANY LIMITED 75 PRICE PRODUCTIONS LIMITED 76 PRIMEMODERN LIMITED 77 RB ASSET VALUE LIMITED 78 RB CAPITAL LEASING LIMITED 79 RB EQUIPMENT LEASING LIMITED 80 RB INVESTMENT HOLDINGS LIMITED 81 RB INVESTMENTS 1 LIMITED 82 RB INVESTMENTS 3 LIMITED 83 RB INVESTMENTS 5 LIMITED 84 RB LEASING (APRIL) LIMITED Registered Office: 8 Lothbury, London EC2R 7HH. Registered in England & Wales No:

5 85 RB LEASING (BLUEWATER) LIMITED 86 RB LEASING (DECEMBER) LIMITED 87 RB LEASING (EDEN) LIMITED 88 RB LEASING (MARCH) LIMITED 89 RB LEASING (SEPTEMBER) LIMITED 90 RB LEASING COMPANY LIMITED 91 RB QUADRANGLE LEASING LIMITED 92 RBDC ADMINISTRATOR LIMITED 93 RBDC INVESTMENTS LIMITED 94 RBEF LIMITED 95 RBS ASSET FINANCE EUROPE LIMITED 96 RBS ASSET MANAGEMENT (ACD) LIMITED 97 RBS ASSET MANAGEMENT HOLDINGS 98 RBS ASSET MANAGEMENT LIMITED 99 RBS CI LIMITED 100 RBS INVESTMENT LIMITED 101 RBS INVOICE FINANCE (HOLDINGS) LIMITED 102 RBS INVOICE FINANCE LIMITED 103 RBS MEZZANINE LIMITED 104 RBS SME INVESTMENTS LIMITED 105 RBS SPECIAL INVESTMENTS LIMITED 106 RBS SPECIAL OPPORTUNITIES GENERAL PARTNER (ENGLAND) LIMITED 107 RBS SPECIAL OPPORTUNITIES GENERAL PARTNER (SCOTLAND) II LIMITED 108 RBS SPECIAL OPPORTUNITIES GENERAL PARTNER (SCOTLAND) LTD 109 RBS SPECIALISED PROPERTY INVESTMENTS LIMITED 110 RBSG COLLECTIVE INVESTMENTS HOLDINGS LIMITED 111 RBSG INTERNATIONAL HOLDINGS LIMITED 112 RBSM CAPITAL LIMITED 113 RBSSAF (10) LIMITED 114 RBSSAF (11) LIMITED 115 RBSSAF (12) LIMITED 116 RBSSAF (13) LIMITED 117 RBSSAF (16) LIMITED 118 RBSSAF (19) LIMITED 119 RBSSAF (2) LIMITED 120 NORTHERN ISLES FERRIES LIMITED 121 RBSSAF (22) LIMITED 122 RBSSAF (23) LIMITED 123 RBSSAF (25) LIMITED 124 RBSSAF (26) LIMITED 125 RBSSAF (3) LIMITED 126 RBSSAF (4) LIMITED 127 RBSSAF (6) LIMITED 128 RBSSAF (7) LIMITED Registered Office: 8 Lothbury, London EC2R 7HH. Registered in England & Wales No:

6 129 RBSSAF (8) LIMITED 130 ROBOSCOT DEVCAP LIMITED 131 ROBOSCOT EQUITY LIMITED 132 ROBOSCOT VENTURES LIMITED 133 ROYAL BANK ASSET FINANCE LIMITED 134 ROYAL BANK DEVELOPMENT CAPITAL LIMITED 135 ROYAL BANK INVESTMENTS LIMITED 136 ROYAL BANK INVOICE FINANCE LIMITED 137 ROYAL BANK LEASING LIMITED 138 ROYAL BANK OF SCOTLAND (INDUSTRIAL LEASING) LIMITED 139 ROYAL BANK OPERATING LEASING LIMITED 140 ROYAL BANK PROJECT INVESTMENTS LIMITED 141 ROYAL BANK VENTURES INVESTMENTS LIMITED 142 ROYAL BANK VENTURES LIMITED 143 ROYAL SCOT LEASING LIMITED 144 ROYSCOT FINANCIAL SERVICES LIMITED 145 ROYSCOT LARCH LIMITED 146 ROYSCOT TRUST PLC 147 SANDFORD LEASING LIMITED 148 STAR 1 SPECIAL PARTNER LIMITED 149 STYLE FINANCIAL SERVICES LIMITED 150 THE ONE ACCOUNT LIMITED 151 THE ROYAL BANK OF SCOTLAND GROUP PUBLIC LIMITED COMPANY 152 THE ROYAL BANK OF SCOTLAND INVOICE DISCOUNTING LIMITED 153 THE ROYAL BANK OF SCOTLAND PUBLIC LIMITED COMPANY 154 THEOBALD FILM PRODUCTIONS LLP 155 TOTAL CAPITAL FINANCE LIMITED 156 ULSTER BANK COMMERCIAL SERVICES (NI) LTD 157 ULSTER BANK LTD 158 VOYAGER LEASING LIMITED 159 W&G INDUSTRIAL LEASING LIMITED 160 W&G LEASE FINANCE LIMITED 161 WEST REGISTER (INVESTMENTS) LIMITED 162 UB SIG (NI) LTD 163 WEST REGISTER NUMBER 2 LIMITED 164 WILLIAMS & GLYN'S LEASING COMPANY LIMITED 165 WINCHCOMBE FINANCE LIMITED 166 RBS AA HOLDINGS (UK) LTD 167 RBS MANAGEMENT SERVICES (UK) LTD 168 RBS INVESTMENT HOLDINGS (UK) LTD 169 RBOS (UK) LTD 170 RBS CORPORATE FINANCE LTD 171 RBS EQUITIES HOLDINGS (UK) LTD 172 RBS INVESTMENTS (UK) LIMITED Registered Office: 8 Lothbury, London EC2R 7HH. Registered in England & Wales No:

7 173 RBS FINANCE (UK) LTD 174 RBS EQUITIES (UK) LTD 175 RBS EQUITY PRODUCTS (UK) LTD 176 RAINGROVE LTD 177 RBS LEASE FINANCE (UK) LTD 178 RBS HG (UK) LTD 179 RBS DEVELOPMENT (UK) LTD 180 RBS OVERSEAS (UK) LTD 181 NATIONAL WESTMINSTER PROPERTIES NO. 1 LIMITED 182 NATWEST (DEANSGATE) INVESTMENTS LIMITED 183 THE ROYAL BANK OF SCOTLAND FINANCE (IRELAND) 184 NATWEST HOLDINGS (IRELAND) Registered Office: 8 Lothbury, London EC2R 7HH. Registered in England & Wales No:

Royal Bank of Scotland Group plc as at 31.10.2011

Royal Bank of Scotland Group plc as at 31.10.2011 Royal Bank of Group plc as at 31.10.2011 Company name Country of Incorporation RBS CI Limited RBS Insurance Group Limited CHURCHILL INSURANCE COMPANY LIMITED Direct Line Group Limited Direct Line Insurance

More information

Activities and entities

Activities and entities UK Region United Kingdom 5 Fifteen Limited Other (non-financial) Investment Accounting United Kingdom Adam & Company General Partner Limited Financial institution - Other Investment Accounting United Kingdom

More information

RBS legal entities and activities at 31 December 2013

RBS legal entities and activities at 31 December 2013 Activities and entities RBS legal entities and activities at 31 December 2013 Activity corresponds to the financial activities as scheduled in Annex I to the Capital Requirements Directive ( CRD IV ) and

More information

Capital and leverage ratios for major UK banks and building societies

Capital and leverage ratios for major UK banks and building societies Supervisory Statement SS3/13 Capital and leverage ratios for major UK banks and building societies November 2013 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority,

More information

Floating Rate Note Issue Investor Presentation. March 2006

Floating Rate Note Issue Investor Presentation. March 2006 Floating Rate Note Issue Investor Presentation March 2006 Disclaimer Slide 2 This document is being furnished to you solely for your review and may not be reproduced or redistributed, in whole or in part,

More information

Policy Statement PS11/16 Amendments to the PRA s rules on loan to income ratios in mortgage lending. March 2016

Policy Statement PS11/16 Amendments to the PRA s rules on loan to income ratios in mortgage lending. March 2016 Policy Statement PS11/16 Amendments to the PRA s rules on loan to income ratios in mortgage lending March 2016 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority,

More information

Supervisory Statement SS8/15 Solvency II: composites. March 2015. Appendix 2.8

Supervisory Statement SS8/15 Solvency II: composites. March 2015. Appendix 2.8 Supervisory Statement SS8/15 Solvency II: composites March 2015 Appendix 2.8 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered office: 8 Lothbury,

More information

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO MARCH 2015

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO MARCH 2015 ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO MARCH 21 Asset Based Finance Association MARCH 21 CONTENTS Page 1. List of contributors 1 2.1. Clients sales 2 2.2. Balances at the period end 3

More information

FACTORS & DISCOUNTERS ASSOCIATION QUARTERLY STATISTICS TO JUNE 2003

FACTORS & DISCOUNTERS ASSOCIATION QUARTERLY STATISTICS TO JUNE 2003 FACTORS & DISCOUNTERS ASSOCIATION QUARTERLY STATISTICS TO JUNE 2003 CONTENTS Page List of contributors 1 Executive summary aggregate figures 2 Aggregate figures for members in the Republic of Ireland 3

More information

Supervisory Statement SS42/15 Contractual stays in financial contracts governed by third-country law. November 2015

Supervisory Statement SS42/15 Contractual stays in financial contracts governed by third-country law. November 2015 Supervisory Statement SS42/15 Contractual stays in financial contracts governed by third-country law November 2015 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority,

More information

Supervisory Statement SS39/15 Whistleblowing in deposit-takers, PRA-designated investment firms and insurers. October 2015

Supervisory Statement SS39/15 Whistleblowing in deposit-takers, PRA-designated investment firms and insurers. October 2015 Supervisory Statement SS39/15 Whistleblowing in deposit-takers, PRA-designated investment firms and insurers October 2015 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation

More information

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO SEPTEMBER 2015

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO SEPTEMBER 2015 ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO SEPTEMBER 21 CONTENTS Page 1. List of contributors 1 2.1. Clients sales 2 2.2. Balances at the period end 3 2.3. Analysis of sole lender and syndicate

More information

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO JUNE 2014

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO JUNE 2014 ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO JUNE 214 CONTENTS Page 1. List of contributors 1 2.1. Clients sales 2 2.2. Balances at the period end 3 2.3. Analysis of sole lender and syndicate

More information

Pillar III Disclosures Calendar Year 2008

Pillar III Disclosures Calendar Year 2008 21 Lombard Street London EC3V 9AH Tel. +44-20-7901 5000 www.ubs.com (No. 2) Ltd and Subsidiary Undertakings Table of Contents 1. Background... 3 2. Disclosures... 4 2.1 BIPRU 11.5.2 Disclosure: Scope of

More information

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO DECEMBER 2015

ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO DECEMBER 2015 ASSET BASED FINANCE ASSOCIATION QUARTERLY STATISTICS TO DECEMBER 21 CONTENTS Page 1. List of contributors 1 2.1. Clients sales 2 2.2. Balances at the period end 3 2.3. Analysis of sole lender and syndicate

More information

Responses to CP8/13 (No. 2)

Responses to CP8/13 (No. 2) Policy Statement PS1/14 Responses to CP8/13 (No. 2) January 2014 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered office: 8 Lothbury, London EC2R

More information

Implementing the Financial Policy Committee s recommendation on loan to income ratios in mortgage lending

Implementing the Financial Policy Committee s recommendation on loan to income ratios in mortgage lending Policy Statement PS9/14 Implementing the Financial Policy Committee s recommendation on loan to income ratios in mortgage lending October 2014 Prudential Regulation Authority 20 Moorgate London EC2R 6DA

More information

Interim Management Statement Q3 2015

Interim Management Statement Q3 2015 Interim Management Statement Q3 2015 The Royal Bank of Scotland Group plc Q3 2015 Results Contents Introduction 1 Highlights 3 Analysis of results 11 Segment performance 18 Selected statutory financial

More information

Sanctions risk: what is the regulatory challenge for compliance officers?

Sanctions risk: what is the regulatory challenge for compliance officers? Sanctions risk: what is the regulatory challenge for compliance officers? Nov 02 2012 Miriam Gonzalez, John Forrest and Chloe Barker Compliance with domestic and international sanctions regimes has become

More information

Independent Lending Review. Terms of Reference

Independent Lending Review. Terms of Reference Independent Lending Review Terms of Reference Introduction Over the last four years, RBS/NatWest has significantly restructured its business, in response to the events and immediate impacts of the 2008

More information

PN 16 Bank Reports for Audit Purposes UK mainland credit institution contact details

PN 16 Bank Reports for Audit Purposes UK mainland credit institution contact details PN 16 Bank Reports for Audit Purposes UK mainland credit institution contact details The following table provides contact details for use in respect of bank reports for audit purposes. It includes banks

More information

FINAL NOTICE. 36 St Andrew Square, Edinburgh, Midlothian EH2 2YB 135 Bishopsgate, London EC2M 3UR 11-16 Donegal Square East, Belfast BT1 5U

FINAL NOTICE. 36 St Andrew Square, Edinburgh, Midlothian EH2 2YB 135 Bishopsgate, London EC2M 3UR 11-16 Donegal Square East, Belfast BT1 5U FINAL NOTICE To: Royal Bank of Scotland Plc (FRN 121882) National Westminster Bank Plc (FRN 121878) Ulster Bank Ltd (FRN 122315) Addresses: 36 St Andrew Square, Edinburgh, Midlothian EH2 2YB 135 Bishopsgate,

More information

For Cashback Plus Credit Cards - the Terms and General Conditions which apply to your Cashback Plus Credit Card account.

For Cashback Plus Credit Cards - the Terms and General Conditions which apply to your Cashback Plus Credit Card account. Cashback Plus Terms 1. Introduction Cashback Plus is operated on behalf of us, National Westminster Bank Plc by Sports Loyalty Card Limited (trading as Reward), a private company incorporated in England

More information

Consultation Paper CP6/16 Amendments to the PRA s rule on loan to income ratios in mortgage lending

Consultation Paper CP6/16 Amendments to the PRA s rule on loan to income ratios in mortgage lending Consultation Paper CP6/16 Amendments to the PRA s rule on loan to income ratios in mortgage lending February 2016 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority,

More information

Policy Statement PS20/15 Strengthening individual accountability in banking: UK branches of non EEA banks. August 2015

Policy Statement PS20/15 Strengthening individual accountability in banking: UK branches of non EEA banks. August 2015 Policy Statement PS20/15 Strengthening individual accountability in banking: UK branches of non EEA banks August 2015 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority,

More information

The Autopilot Plan 9. The Plan will invest in securities issued by The Royal Bank of Scotland plc. Plan/ISA Account Manager

The Autopilot Plan 9. The Plan will invest in securities issued by The Royal Bank of Scotland plc. Plan/ISA Account Manager The Autopilot Plan 9 The Plan will invest in securities issued by The Royal Bank of Scotland plc Plan/ISA Account Manager 2 The Autopilot Plan 9 The Autopilot Plan 9 Contents What is the Autopilot Plan

More information

Pillar 3 Disclosure 2008

Pillar 3 Disclosure 2008 Pillar 3 Disclosure 2008 rbs.com Pillar 3 Disclosure 03 Background 05 Scope of application 06 Capital and risk management 09 Credit risk Credit risk management 10 Credit risk by IRB approach 14 Credit

More information

FCA PS16/11* Complaints against the Regulators (the Bank of England, the Financial Conduct Authority and the Prudential Regulation Authority)

FCA PS16/11* Complaints against the Regulators (the Bank of England, the Financial Conduct Authority and the Prudential Regulation Authority) Policy Statement Complaints against the Regulators (the Bank of England, the Financial Conduct Authority and the Prudential Regulation Authority) March 2016 Prudential Regulation Authority 20 Moorgate

More information

A guide to investing. Appendix 10 Choice of business entity

A guide to investing. Appendix 10 Choice of business entity A guide to investing in Wales Appendix 10 Choice of business entity August 2013 Appendix 10 Choice of business entity 1. Principal forms of doing business Business organisations in the UK usually take

More information

Supply chain finance: additional insights

Supply chain finance: additional insights 10 February 2012 Our ref: ICAEW Rep 14/12 business.finance@bis.gsi.gov.uk To Breedon Taskforce Supply chain finance: additional insights ICAEW is pleased to provide additional evidence to the industry

More information

Supervisory Statement SS18/13. Recovery planning. December 2013. (Last updated 16 January 2015)

Supervisory Statement SS18/13. Recovery planning. December 2013. (Last updated 16 January 2015) Supervisory Statement SS18/13 Recovery planning December 2013 (Last updated 16 January 2015) Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered office:

More information

Coutts introduces RBS Private Insurance

Coutts introduces RBS Private Insurance Coutts introduces RBS Private Insurance PROVIDING ENHANCED LEVELS OF COVER AND SERVICE AN INTRODUCTION TO RBS PRIVATE INSURANCE As a Coutts client, we understand that you may have varied, often complex

More information

Implementing CRD IV: capital buffers

Implementing CRD IV: capital buffers Policy Statement PS3/14 Implementing CRD IV: capital buffers April 2014 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered office: 8 Lothbury, London

More information

Prudential Regulation Authority 20 Moorgate London EC2R 6DA

Prudential Regulation Authority 20 Moorgate London EC2R 6DA Policy Statement PS20/16 The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market infrastructures July 2016 Prudential Regulation Authority 20 Moorgate

More information

High Risk Corporate Credit: February CCJ and Charges Data Summary & Analysis. February 2015

High Risk Corporate Credit: February CCJ and Charges Data Summary & Analysis. February 2015 High Risk Corporate Credit: February CCJ and Charges Data Summary & Analysis! February 2015 Table of Contents 1. Introduction 2. Incorporation Date Analysis of High Risk Corporates 3. Respective Lenders

More information

Pillar 3. Disclosure. Succession Advisory Services Ltd

Pillar 3. Disclosure. Succession Advisory Services Ltd Pillar 3 2013 Disclosure Succession Advisory Services Ltd 1 Table of Contents Section A: Introduction/Background... 3 Business Structure... 3 Pillar 3 Disclosures... 3 Section B: Risk Management... 4 Risk

More information

Fees. A guide to personal account fees

Fees. A guide to personal account fees Fees A guide to personal account fees We re committed to helping you get the most out of your account which includes making you aware of the charges and rates of interest that apply to your account. It

More information

Small Company Limited. Report and Accounts. 31 December 2007

Small Company Limited. Report and Accounts. 31 December 2007 Registered number 123456 Small Company Limited Report and Accounts 31 December 2007 Report and accounts Contents Page Company information 1 Directors' report 2 Accountants' report 3 Profit and loss account

More information

Fleet Excess Protect

Fleet Excess Protect Fleet Excess Protect Policy Wording Thank you for choosing Fleet Excess Protect Insurance. The information in this policy wording contains important information and we have made it as easy as possible

More information

Savings Account Rates. Rates correct as at 18 November 2013

Savings Account Rates. Rates correct as at 18 November 2013 Savings Account Rates Rates correct as at 18 November 01 Contents Accounts available to new customers Instant Saver Account Cash ISA First Saver Account Fixed Rate Bond Fixed Rate ISA Accounts not available

More information

Sample Credit Card Agreement

Sample Credit Card Agreement Sample Credit Card Agreement Please note this is a sample credit card agreement. It does not contain a credit limit, any interest rates, an APR or the Total Amount Payable as this information can vary

More information

GAP insurance Protecting your investment

GAP insurance Protecting your investment GAP insurance Protecting your investment Current statistics indicate the risk of your vehicle being stolen or written off is now greater than ever before. Around 315,000* vehicles are stolen every year,

More information

Counterparty credit risk

Counterparty credit risk Supervisory Statement SS12/13 Counterparty credit risk December 2013 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered office: 8 Lothbury, London EC2R

More information

Energy Efficiency Insurance. Product overview

Energy Efficiency Insurance. Product overview Energy Efficiency Insurance Product overview High energy prices combined with a desire to reduce CO2 emissions have seen increasing investment in green energy initiatives. With around 40%* of all the energy

More information

The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP)

The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP) Supervisory Statement SS5/13 The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP) December 2013 Prudential Regulation Authority 20 Moorgate

More information

DTZ Corporate Finance Limited Pillar 3 Disclosures as at 30 April 2009

DTZ Corporate Finance Limited Pillar 3 Disclosures as at 30 April 2009 DTZ Corporate Finance Limited Pillar 3 Disclosures as at 30 April 2009 16 March 2010 Contents OVERVIEW 1 Introduction 1 Structure and principal activities 1 Basis of disclosures 1 Frequency of disclosures

More information

Model Portfolio Platform Service (For Professional Advisers only)

Model Portfolio Platform Service (For Professional Advisers only) Model Portfolio Platform Service (For Professional Advisers only) 2 Portfolio solutions well managed Accessible : risk-graded : trusted research Novia, Transact, Standard Life and Brown Shipley 12 Collective

More information

United Kingdom. From: OECD Banking Statistics: Methodological Country Notes 2010

United Kingdom. From: OECD Banking Statistics: Methodological Country Notes 2010 From: OECD Banking Statistics: Methodological Country Notes 2010 Access the complete publication at: http://dx.doi.org/10.1787/9789264089907-en United Kingdom Please cite this chapter as: OECD (2011),

More information

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED This document is issued by Standard Life Investments Property Income Trust Limited (the "Company") and is made available by Standard Life Investments (Corporate Funds) Limited (the AIFM ) solely in order

More information

Implementing the Bank Recovery and Resolution Directive response to CP13/14

Implementing the Bank Recovery and Resolution Directive response to CP13/14 Policy Statement PS1/15 Implementing the Bank Recovery and Resolution Directive response to CP13/14 January 2015 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority,

More information

PruFund and With-Profits in Retirement Planning A comparison of how PruFund Funds and the With-Profits Fund work

PruFund and With-Profits in Retirement Planning A comparison of how PruFund Funds and the With-Profits Fund work For Adviser use only not approved for use with clients Adviser Guide PruFund and With-Profits in Retirement Planning A comparison of how PruFund Funds and the work The PruFund range and With-Profits investment

More information

Personal Banking Service. Charges Explained

Personal Banking Service. Charges Explained Personal Banking Service Charges Explained Quarterly Account Charges If you maintain a cleared credit* balance of 2,000 or more on your Current Account during the charging period (see below), the charges

More information

The Royal Bank of Scotland Group plc

The Royal Bank of Scotland Group plc The Royal Bank of Scotland Group plc 27 January 2016 The Royal Bank of Scotland Group plc ("RBS" or the Group ) today announces a series of updates to the market: 1. Developments during 2015, in particular

More information

About us. Strength. Choice. Fairness. Our secure, risk-managed approach is designed to help you reduce losses and keep premiums down.

About us. Strength. Choice. Fairness. Our secure, risk-managed approach is designed to help you reduce losses and keep premiums down. About us About us Strength. Choice. Fairness. Our secure, risk-managed approach is designed to help you reduce losses and keep premiums down. Mitsui Sumitomo at Lloyd s Excellence in all we do Stability

More information

UK group update. April 2016

UK group update. April 2016 UK group update April 2016 2 Building the UK business Develop an integrated range of asset finance and management services Establish a market-leading business model to capture the opportunities brought

More information

Export Payment Options. Explore Export Cardiff 2015

Export Payment Options. Explore Export Cardiff 2015 Export Payment Options Explore Export Cardiff 2015 The world is changing fast Source: Financial Markets 3 The benefits of exporting The opportunity currently, only about 20 per cent of UK SMEs export.

More information

Tier 1 (GE) Tier 1 (Graduate Entrepreneur) of the Points Based System Policy Guidance

Tier 1 (GE) Tier 1 (Graduate Entrepreneur) of the Points Based System Policy Guidance Tier 1 (GE) version 04/16 Tier 1 (Graduate Entrepreneur) of the Points Based System Policy Guidance This guidance is to be used for all Tier 1 (GE) applications made on or after 6 April 2016. Contents

More information

Resource 4.5. A Summary of Sources of Finance for Starting a Business

Resource 4.5. A Summary of Sources of Finance for Starting a Business A Summary of Sources of Finance for Starting a Business Resource 4.5 Many new businesses fail because the owner does not have enough cash to last them through the first few months of trading, while their

More information

Terms and Conditions

Terms and Conditions Terms and Conditions Terms and Conditions Thank you for choosing drive like a girl which is a trading style of Insure The Box Limited and underwritten by the insurers named below and on your Schedule.

More information

Enterprise Finance Guarantee. Application Process and List of Lenders NOVEMBER 2014

Enterprise Finance Guarantee. Application Process and List of Lenders NOVEMBER 2014 Enterprise Finance Guarantee Application Process and List of Lenders NOVEMBER 2014 How does a Business apply for an EFG-backed facility? First and foremost a business applies to a lender for a loan or

More information

FITCH LOWERS UK SUPPORT RATING FLOORS; DOWNGRADES LLOYDS, RBS TO 'A'

FITCH LOWERS UK SUPPORT RATING FLOORS; DOWNGRADES LLOYDS, RBS TO 'A' FITCH LOWERS UK SUPPORT RATING FLOORS; DOWNGRADES LLOYDS, RBS TO 'A' Fitch Ratings-London-13 October 2011: Fitch Ratings has lowered its Support Rating Floors (SRF) for systemically important UK banks

More information

Retail banking market investigation

Retail banking market investigation Retail banking market investigation Business current account and personal current account pricing analysis 7 August 2015 This is one of a series of consultative working papers which will be published during

More information

A guide to investing. Appendix 7 Raising finance

A guide to investing. Appendix 7 Raising finance A guide to investing in Wales Appendix 7 Raising finance August 2013 Appendix 7 Raising finance Wales benefits greatly from the prominence of the UK in the global economy. The UK has the best developed

More information

Criminal appeals. Page 1 of 19 Criminal appeals version 3.0 Published for Home Office staff on 08 July 2015

Criminal appeals. Page 1 of 19 Criminal appeals version 3.0 Published for Home Office staff on 08 July 2015 Page 1 of 19 Criminal appeals version 3.0 Published for Home Office staff on 08 July 2015 About this guidance An overview of appeals Appeals relating to immigration enforcement investigation cases The

More information

A Guide to the Private Office Asset Management Ltd Wrap Account

A Guide to the Private Office Asset Management Ltd Wrap Account A Guide to the Private Office Asset Management Ltd Wrap Account Contents 1. Getting Started 2 2. Main Portfolio Screen 3 3. Producing a Valuation of your Portfolio 4 4. Producing Historic Valuations 4

More information

Pillar 3. Disclosure. Succession Advisory Services Ltd

Pillar 3. Disclosure. Succession Advisory Services Ltd Pillar 3 2014 Disclosure Succession Advisory Services Ltd 1 Table of Contents Section A: Introduction/Background... 3 Business Structure... 3 Pillar 3 Disclosures... 3 Section B: Risk Management... 4 Risk

More information

Bacstel-IP. Customer Agreement for the Bacstel-IP Direct Service

Bacstel-IP. Customer Agreement for the Bacstel-IP Direct Service Bacstel-IP Customer Agreement for the Bacstel-IP Direct Service Customer Agreement for the Bacstel-IP Direct Service 1. INTRODUCTION This agreement relates to the provision of the Bacstel-IP Service (

More information

British Business Bank Growth Loans Pilot

British Business Bank Growth Loans Pilot British Business Bank Growth Loans Pilot Delivering Help to Grow 26 th March 2015 Content Welcome and Introduction The Evidence Base: Research Findings The Growth Loans Pilot Application Process and Next

More information

Your bid for growth funds. Supporting your business with financing decisions

Your bid for growth funds. Supporting your business with financing decisions Your bid for growth funds Supporting your business with financing decisions Contents 3 Introduction 4 Preparing your application 6 Assessing applications 8 What Barclays considers 9 Funding solutions 10

More information

Consultation Paper CP7/13. Capital extractions by run-off firms within the general insurance sector

Consultation Paper CP7/13. Capital extractions by run-off firms within the general insurance sector Consultation Paper CP7/13 Capital extractions by run-off firms within the general insurance sector September 2013 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority,

More information

Business Banking. Business account charges

Business Banking. Business account charges Business Banking Business account charges Contents Page Introduction 3 Summary of Business s 4 Start-ups 4 Community Current Account 4 Business Current Account Standard 5-6 Business Plus Account 5-6 Foundation

More information

D.J. PLUMBING HEATING & DRAINAGE LIMITED Financial Accounts 2015-01-31 REGISTERED NUMBER: 04641302 (England and Wales)

D.J. PLUMBING HEATING & DRAINAGE LIMITED Financial Accounts 2015-01-31 REGISTERED NUMBER: 04641302 (England and Wales) D.J. PLUMBING HEATING & DRAINAGE LIMITED Financial Accounts 2015-01-31 REGISTERED NUMBER: 04641302 (England and Wales) Abbreviated Unaudited Accounts for the Year Ended 31 January 2015 for D.J.Plumbing

More information

PRA expectations regarding the application of malus to variable remuneration

PRA expectations regarding the application of malus to variable remuneration Supervisory Statement SS2/13 PRA expectations regarding the application of malus to variable remuneration October 2013 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation

More information

Client Order Execution Policy

Client Order Execution Policy Client Order Execution Policy Client Order Execution Policy Application The EU Markets in Financial Instruments Directive ( MiFID ) and corresponding rules of the Financial Conduct Authority ( FCA ) requires

More information

A guide to the Lending Code

A guide to the Lending Code A guide to the Lending Code For consumers Introduction This guide gives you an introduction to the standards you should expect from banks, building societies and credit-card providers who follow the Lending

More information

Helping businesses source finance

Helping businesses source finance SUPPORTING BUSINESS - SOURCING FINANCE Helping businesses source finance Helping businesses source finance These are challenging times for every business. The economic environment has changed and many

More information

RBS Collective Investment Funds Limited

RBS Collective Investment Funds Limited Derivatives Risk Management Policy RBS Collective Investment Funds Limited Derivatives Risk Management Policy Part 5 Funds Managed by Standard Life Investments Ltd 1. Policy Statement This policy document

More information

Powered by www.charityfinancials.com

Powered by www.charityfinancials.com Charity Banking Spotlight report Feb 2015 with foreword_layout 1 26/02/2015 16:01 Page 1 Powered by Bi-annual Report February 2015 Contents 2 3 4 5 7 8 9 10 11 Introduction Banking spotlight report Needs

More information

Photographic Alliance of Great Britain Clubs Public/Products Liability

Photographic Alliance of Great Britain Clubs Public/Products Liability Underwritten by Photographic Alliance of Great Britain Clubs Public/Products Liability Policy Summary Arranged by 2 Photographic Alliance of Great Britain Public/Products Liability Policy Summary Photographic

More information

Money Without Frontiers

Money Without Frontiers Money Without Frontiers Universal Foreign Exchange Sterling House Fulbourne Road London E17 4EE United Kingdom Dealing Desk Tel: +44 (0)20 8498 2777 Dealing Desk Fax: +44 (0)20 8527 2848 Switch Board Tel:

More information

delivering on our promises delivering on our promises

delivering on our promises delivering on our promises Sir George Mathewson Executive Deputy Chairman 19 April 2000 Slide 3 May August RBS summary results 6 months to 31 March 2000 Enlarged RBS Group results Period to 30 June 2000 February Enlarged RBS Group

More information

SME Banking Behavioural Undertakings

SME Banking Behavioural Undertakings SME Banking Behavioural Undertakings 1 Title of report: The supply of banking services by clearing banks to small and medium-sized enterprises (MMC Cmnd 5319) 2 Published: 14 March 2002 3 Orders: N/A 4

More information

Decision on the CMA s review of the Credit Cards (Merchant Acquisition) Order 1990

Decision on the CMA s review of the Credit Cards (Merchant Acquisition) Order 1990 Decision on the CMA s review of the Credit Cards (Merchant Acquisition) Order 1990 Contents Page Summary... 1 Introduction... 2 Background... 4 Monitoring activity... 7 Market developments... 7 Stakeholder

More information

Tailored Portfolio Management Service. Investing with purpose and insight

Tailored Portfolio Management Service. Investing with purpose and insight Tailored Portfolio Management Service Investing with purpose and insight Tailored Portfolio Management Service With a history of working closely with wealthy individuals, we take pride in the insight

More information

Special administration regime for payment and settlement systems: summary of responses

Special administration regime for payment and settlement systems: summary of responses Special administration regime for payment and settlement systems: summary of responses November 2013 Special administration regime for payment and settlement systems: summary of responses November 2013

More information

Funding for study abroad 2015/16. Maintenance Loan. Travel Grant. Erasmus+ Studying for a degree at an overseas university

Funding for study abroad 2015/16. Maintenance Loan. Travel Grant. Erasmus+ Studying for a degree at an overseas university Maintenance Loan 2015/16 Travel Grant Erasmus+ Studying for a degree at an overseas university Funding studies in an EU country Funding for study abroad SF_England /SFEFILM SFEngland January 2015 Eligible

More information

Appointed Representative & Company Representative Application Form

Appointed Representative & Company Representative Application Form Appointed Representative & Company Representative Application Form IMPORTANT CHECKLIST: In addition to your fully completed application form, please can you tick the boxes below to indicate that you have:

More information

YOUR GUIDE TO BUSINESS FINANCE

YOUR GUIDE TO BUSINESS FINANCE YOUR GUIDE TO BUSINESS FINANCE GIBSON HEWITT MAKES BUSINESS FINANCE EASY We put you at an advantage. Gibson Hewitt has knowledge of a wide range of business finance options from business lenders across

More information

Supervisory Statement SS43/15 Non-Solvency II insurance companies Capital assessments. November 2015

Supervisory Statement SS43/15 Non-Solvency II insurance companies Capital assessments. November 2015 Supervisory Statement SS43/15 Non-Solvency II insurance companies Capital assessments November 2015 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered

More information

Consultation Paper CP25/14. The PRA Rulebook: Part 2

Consultation Paper CP25/14. The PRA Rulebook: Part 2 Consultation Paper CP25/14 The PRA Rulebook: Part 2 November 2014 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered office: 8 Lothbury, London EC2R

More information

Online Home and Contents Excess Protect Insurance. Policy Wording

Online Home and Contents Excess Protect Insurance. Policy Wording Online Home and Contents Excess Protect Insurance Policy Wording Important Numbers Claims Helpline 0844 225 9653 Scheme Number 10033 Customer Services 0845 683 0743 Home Excess Protect Insurance Policy

More information

Equity Derivatives and Structured Retail: Success Through Innovation. November 2010

Equity Derivatives and Structured Retail: Success Through Innovation. November 2010 Equity Derivatives and Structured Retail: Success Through Innovation November 2010 Agenda The Royal Bank of Scotland Structured Product Trends Integrated Approach Product Segments Client Engagement Online

More information

Business. Lancaster London Hotel Thursday 29 March 2012. Moneyfacts. Awards 2012. Shortlists and Booking Information

Business. Lancaster London Hotel Thursday 29 March 2012. Moneyfacts. Awards 2012. Shortlists and Booking Information Business Moneyfacts Awards 2012 Lancaster London Hotel Thursday 29 March 2012 Shortlists and Booking Information In association with Supported by The event The evening of 29 March will see our eleventh

More information

Business Banking. Business account charges

Business Banking. Business account charges Business Banking Business account charges Contents Services you don t pay for 2 Business Tariffs Service Charge 3-4 Additional services 5-6 How to reduce your transaction charges 7 Internet Banking 8

More information

Fees. A guide to personal account fees

Fees. A guide to personal account fees Fees A guide to personal account fees We re committed to helping you get the most out of your account which includes making you aware of the charges and rates of interest that apply to your account. It

More information

Global Dynamic Equity Fund

Global Dynamic Equity Fund Global Dynamic Equity Fund half-yearly short report for the period 1 January 2010 to 30 June 2010 Terms in italics are explained in the glossary at the end of this document. fund objective The Fund aims

More information

Consultation Paper CP22/16 Solvency II: Monitoring model drift and standard formula SCR reporting for firms with an approved internal model

Consultation Paper CP22/16 Solvency II: Monitoring model drift and standard formula SCR reporting for firms with an approved internal model Consultation Paper CP22/16 Solvency II: Monitoring model drift and standard formula SCR reporting for firms with an approved internal model May 2016 Prudential Regulation Authority 20 Moorgate London EC2R

More information

Affordable Home Ownership Schemes assistance to buy your own home

Affordable Home Ownership Schemes assistance to buy your own home Affordable Home Ownership Schemes assistance to buy your own home What options are available? There are a number of options: Help to buy equity loans Help to buy mortgage guarantee Shared ownership Council

More information

Q1 2016 Results. 29 April 2016

Q1 2016 Results. 29 April 2016 Q1 2016 Results 29 April 2016 Q1 2016 Financial results highlights Adjusted return on equity across our core PBB, CPB and CIB franchises of 10.9% in Q1 2016 Operating profit of 421m; Attributable loss

More information

Consultation Paper CP37/15 The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market

Consultation Paper CP37/15 The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market Consultation Paper CP37/15 The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market infrastructures October 2015 Prudential Regulation Authority

More information