PRIN 6 definition
PRIN 6 means Principle 6 in the Principles for Businesses set out in the FCA Handbook at PRIN 2.1;
PRIN 6 means Principle 6 in the Principles for Businesses set out in the FCA Handbook at PRIN 2.1; “Proceedings” means proceedings of every description, including all judicial, quasi-judicial, administrative and arbitration proceedings; “Property-Linked FundsRetrocession Agreement” means the agreement entitled “Retrocession Agreement: Euro Denominated Property-Linked Funds” between SLAL and SL Intl, entered into in accordance with paragraph 66 of the Brexit Scheme; “Property-Linked Liabilities” means the liabilities in respect of Property-Linked Policies which are directly referable to the value of assets in a Linked Fund; “Property-Linked Policy” means any Policy which falls within paragraph III of Part II of Schedule 1 to the Regulated Activities Order in respect of which the benefits payable are determined by reference to the value of, or the income from, property of any description (whether or not specified in the Policy) but excluding any Index-Linked Policy; “Proposed Transfer Amount” has the meaning given in paragraph 30.10; “PRU” means the Integrated Prudential Sourcebook issued by the Regulator; “Rate Fixing Date” means, in relation to LIBOR, the day on which quotes are customarily taken for the relevant period for deposits in Sterling in the London inter-bank market for delivery on the first Business Day of the relevant Valuation Period; “Recourse Cashflows” has the meaning given in Schedule 3 (Reference Period Transfer Amount); “Reference Period Securitisation Receipt” has the meaning given in Schedule 3 (Reference Period Transfer Amount); “Reference Period Transfer Amount” means the amount to be calculated in respect of each Valuation Period pursuant to paragraph 30.4(A) and in accordance with Schedule 3 (Reference Period Transfer Amount); “Reference Valuation Date” has the meaning given in paragraph 30.4; “Reference Valuation Period” has the meaning given in paragraph 30.4(A);