PRU 2.2.27 Instructional Guidelines for Form PIB100 — Statement of Financial Group Capital Adequacy.
Authorised Firm that is required to prepare a Financial Group Capital Adequacy Report may use this form to submit that Report. Use of this form is not mandatory.
2. Where an
Authorised Firm chooses to use form PIB100 for its Financial Group Capital Adequacy Report, it must do so in accordance with the instructional guidelines in this section.
Authorised Firm completing this form must present:
a. in the header portion of the Form the information required by PIB Rule A7.2.2(2)(a), (b) and (c);
b. at item 1, the
Financial Group Capital Resources;
c. at item 2, the
Financial Group Capital Requirement
Authorised Firm completing this form must present at item 4:
a. the names of all
Authorised Firms and Financial Institutions in the Financial Group; and
b. where an entity disclosed at (a) is itself the
Parent of a Financial Group, the Financial Group Capital Resources of that group at column 1, and the Financial Group Capital Requirement of that group at column 2.
5. Where an entity is disclosed in accordance with instructional guideline 5(a) is not the
Parent of a Financial Group, the entries at columns 1 and 2 of item 4 must be left blank.
Authorised Firm completing this form must present at item 5:
a. the names of all
Authorised Firms and Financial Institutions meeting the conditions set out at PIB Rule A7.2.2(2)(i);
b. in column 1, the
Capital Resources or Adjusted Capital Resources as applicable of that entity; and
c. in column 2, the capital requirement of that entity calculated in accordance with PIB Rule A7.2.2 (4).
7. Where the space on the form is inadequate for the disclosures required at item 4 or item 5, the
Authorised Firm completing the form must attach a continuation sheet in the form of PIB100. Separate continuation sheets must be used for disclosures required at items 4 and 5. Continuation sheets must be sequentially numbered and each continuation sheet must be completed in accordance with the Rules applicable to items 4 and 5.
8. At each of item 4 and item 5, the
Authorised Firm completing the form must indicate whether or not a continuation sheet is attached, and if so the number of such continuation sheets.