"the PRA" means the Prudential Regulation Authority,
"the FCA" means the Financial Conduct Authority, and
"Additional Tier 1 instruments" means capital instruments that meet the conditions laid down in Article 52(1) of the capital requirements regulation (or which qualify as Additional Tier 1 instruments by virtue of Chapter 2 or 4 of Title I of Part Ten of that regulation),
"bail-in liabilities" , of an undertaking, means liabilities and capital instruments that - (a) do not qualify as Common Equity Tier 1 instruments, Additional Tier 1 instruments or Tier 2 instruments, of the undertaking, and (b) are not excluded liabilities listed in section 48B(8),
"the capital requirements regulation" means Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26th June 2013 on prudential requirements for credit institutions and investment firms [OJ No L 176, 27.6.2013, p1. For Corrigenda, see OJ L321, 30.11.2013, p.6.] as it forms part of assimilat
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