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PIN 5.7.2

Where an Insureris the Parent of a Financial Group, the value of the Insurer's investment in any Subsidiary or Associatethat is an Authorised Firm or a Financial Institution must be taken as the amount of the Insurer's proportionate share of that Subsidiary or Associate'sCapital Resources or Adjusted Capital Resources determined in accordance with PIN Rule 8.3.4(1)(b), reduced by the Insurer's proportionate share of the Subsidiary or Associate'sCapital Requirement determined in accordance with PIN Rule 8.3.3(2).

Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
[Amended] RM46/2007 (Made 5th July 2007). [VER6/07-07]