The Capital Requirements Regulations 2013

[F1Main provisions of the capital requirements regulation and Directive 2013/36/EU UK law]U.K.

This section has no associated Explanatory Memorandum

4.  For the purposes of [F2every provision of Directive 2013/36/EU UK law and the] capital requirements regulation—

[F3(a)the PRA is responsible for—

(i)all the functions of a competent authority in respect of PRA-authorised persons and financial holding companies and mixed financial holding companies approved or designated by the PRA under—

(aa)Part 12B of FSMA, or

(bb)regulation 5 of the Financial Holding Companies (Approval etc.) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020;

(ii)the application of Article 124(2) and Article 164(6) of the capital requirements regulation;]

F4(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .