Prudential Regulation Authority Rulebook

4.1

This Part applies to a firm on an individual basis whether or not it also applies to the firm on a consolidated basis.

4.1A

If this Part applies to a firm on an individual basis, the firm must comply with the rules in this Part to the same extent and in the same manner as it is required to comply with the firm’s obligations laid down in Part Six of the CRR.

4.2

A CRR consolidation entity must comply with this Part on the basis of its consolidated situation.

4.3

[deleted]

4.4

If this Part applies to a firm or a CRR consolidation entity on a consolidated basis or on a sub-consolidated basis, it must carry out consolidation to the same extent and in the same manner as it is required to comply with the obligations laid down in Part Six of the CRR on a consolidated basis or sub-consolidated basis.