[Main 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 [every provision of Directive 2013/36/EU UK law and the] capital requirements regulation—
[(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;]
(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .