threshold 2 category A firm

    a firm which has permission to engage in consumer credit lending and which has, in respect of an annual period ending on a date between 1 April 2023 and 31 March 2024, reported in accordance with SUP 16.12.29CR:

      1. (a) an annual total value of £20,000,000 or more outstanding for relevant regulated credit agreements; or
      1. (b) an annual total value of £20,000,000 or more of new advances for relevant regulated credit agreements.
Glossary Related Taxonomy Legal Instruments