Prudential Regulation Authority Rulebook

13.A1

13.A2

13.1

This Chapter does not apply to the FSCS, credit unions or Northern Ireland credit unions.

13.2

A firm must mark accounts which hold:

1. (1) eligible deposits from natural persons and micro, small and medium-sized enterprises; and
2. (2) deposits that would be eligible deposits from natural persons or micro, small and medium-sized enterprises if the deposit had not been made through a branch of the firm located outside the UK or Gibraltar,

in a way that allows for the immediate identification of such accounts.

13.3

A firm must, at least annually, take reasonable steps to confirm that a depositor that it has classified as a micro, small and medium-sized enterprise continues to be a micro, small and medium-sized enterprise using the exchange rate prevailing on the 3 July immediately preceding the date on which any confirmation is undertaken.

13.4

[Deleted.]

13.5

[Deleted.]

13.6

[Deleted.]

13.7

[Deleted.]

13.8

[Deleted.]

13.9

A firm must take reasonable steps to ensure the accuracy of the data it holds in order to satisfy the requirements of this Chapter.

13.10

The information required by 13.2 must be electronically stored.