UK VPGA 3 Valuations for assessing adequacy of financial resources
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Valuations for inclusion in the assessment of the adequacy of financial resources for banks, building societies and investment firms have to be in accordance with the Prudential Regulation Authority (PRA) sourcebook for banks, building societies and investment firms (BIPRU).
1 Directives from the UK PRA require UK-based financial institutions to make assessments of the adequacy...
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