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: 1847225; 1882274; 1882275; 1882285; 1882296 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 2016. (4) This permission supersedes and replaces previous permissions with permission numbers 1786220, 1786222, 1786228, 1786225 and 1786224. 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: 07854923-1 -
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: 07854923-2 -
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: 07854923-3 -
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: 07854923-4 -
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: 07854923-5 -
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: 07854923-6 -
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: 07854923-7 -