Search Legislation

The Financial Holding Companies (Approval etc.) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Section 11

 Help about opening options

Alternative versions:

Changes to legislation:

The Financial Holding Companies (Approval etc.) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020, Section 11 is up to date with all changes known to be in force on or before 09 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Supervisory review and evaluation processU.K.

This section has no associated Explanatory Memorandum

11.  In regulation 21, in new regulation 34A(1), for sub-paragraphs (a) to (c), substitute—

(a)in the case of the PRA—

(i)risks to which that institution is or might be exposed, and

(ii)risks revealed by stress testing, taking account of the nature, scale and complexity of that institution’s activities;

(b)in the case of the FCA—

(i)the risks referred to in paragraph (a), and

(ii)the risks that institution poses to the UK financial system.

Commencement Information

I1Reg. 11 in force at 27.11.2020, see reg. 1(2)

Back to top

Options/Help