• PRU 5.10.1 PRU 5.10.1

    This Section applies to an Authorised Person in Category 1, 2 or 5 in respect of Trading Book Securities Underwriting positions.

    • Guidance

      1. This Section sets out a framework for calculating the amount of Capital Requirement when an Authorised Person has commitments to underwrite an issue of Securities, and the associated risk management standards which an Authorised Person Underwriting Securities must meet.