PRU-EPRS 1.18 Instructional Guidelines — Form B50 — Expenditure Based Capital Minimum

Past version: effective from 16/12/2007 - 13/04/2013
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Purpose

Form B50 — Expenditure Based Capital Minimum form is intended to capture the level of actual expenses incurred by an Authorised Firm during the reporting period. The information in this form is used to assess the continued relevance of an Authorised Firm's Expenditure Based Capital Minimum, in light of the actual level of expenses being incurred.

Applicability

This form is applicable to an Authorised Firm in Categories 2, 3 or 4.

Content

The form is designed to capture the information pertaining to an Authorised Firm's actual expenses for the reporting period along with the deductions allowed as per PIB Rule 2.5.

Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]