Global Glosssary: Includes FCA Definitions & Handbook references
This glossary provides a quick lookup to definitions and the FCA Handbook. Please update according to changes in policy.
Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL
R |
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Readily realisable security... | |
RedeemingThe process whereby the stablecoin issuer returns, at the request of the
stablecoin holder, the monetary value held by the issuer when it issued
the stablecoin. | |
Restricted mass market investmentRestricted mass market investment any of the following: | |
Retail investment productwhether or not any of (a) to (h) are held within an ISA or a CTF. | |
Romance or Social Media ScamScammer adopts a fake online profile to gain a victim’s affection and trust and then uses the illusion of a romantic or close relationship to manipulate and/or steal from the victim. | |
Rug Pull ScamDerived from the expression “pulling the rug out”. Variation of investment scheme where a developer attracts investors to a new cryptocurrency project (e.g., a new token or initial coin offering) through online crowdfunding, pumps up the value of the investment, and then pulls out before the project is built, leaving investors with a worthless currency. | |
S |
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Self-certified sophisticated investorSelf-certified sophisticated investor a person who meets the requirements set out in article 23A of the Promotion
of Collective Investment Schemes Order, in article 50A of the Financial Promotion Order or in COBS 4.12B.40R. | |
Settlement accountAn account containing money and/or assets that is held with a central
bank, central securities depository, central counterparty or any
other institution acting as a settlement agent, which is used to settle
transactions between participants or members of a commercial
settlement system. | |
Single companyA single company that is not part of the same group as the single-company
holding vehicle investing in it and which: | |
Single company holding vehicleSingle company holding vehicle a single body corporate which: | |
Smart contractsProgrammes stored on a blockchain that offer blockchains functionality
to run self-executing code to automatically enforce pre-specified terms
when certain conditions are met. | |
Speculative illiquid securitySpeculative illiquid security has the meaning in COBS 4.12B.50R | |
SUP 6A55X(1)(f) - when the FCA is
proposing to
grant an
application for
approver
permission but
subject to terms
which were not
sought in the
application | |
T |
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Tech Support ScamTech support scammers want victims to believe they have a serious problem with their computer, like a virus. They want victims to pay for tech support services the victims don’t need, to fix a problem that doesn’t exist. They often ask victims to pay by wiring money, putting money on a gift card, prepaid card or cash reload card, or using a money transfer app because they know those types of payments can be hard to reverse. | |
Trading pairTwo assets that can be traded for each other on an exchange. This can
either be crypto to crypto, or crypto to fiat. | |
W |
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WalletA device or service that stores users public and private keys allowing them
to interact with various blockchains and allows them to send and receive
cryptoassets. | |