A reminder to firms that the large exposures regime no longer applies to BIPRU limited licence/activity firms-see BIPRU 10.1.1R and Regulatory Roundup 19 for details.
Firms that are still subject to the large exposure rules may wish to review the revisions to BIPRU 10, including the move of the requirement to notify the FSA of a large exposure breach from BIPRU 10.5.9R to SUP 15.3.11(f).





