PART 3U.K.Functions of the PRA
Technical standardsU.K.
3. The Prudential Regulation Authority (“PRA”) may make technical standards in respect of the matters specified in Schedule 2.
Commencement Information
I1Reg. 3 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)
Provisions deemed as PRA rulesU.K.
4. The provisions of Delegated Regulation (EU) 2015/35 specified in Schedule 3 are deemed to be rules made by the PRA under section 137G of the Financial Services and Markets Act 2000 M1—
(a)which may accordingly be amended or revoked under that section,
(b)to which the provisions of Part 9A of the Financial Services and Markets Act 2000 apply as they would to rules made under that section, and
(c)which come into force on [F1IP completion day].
Textual Amendments
F1Words in reg. 4(c) substituted (30.12.2020) by The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301), regs. 1, 3, Sch. para. 27(a)
Commencement Information
I2Reg. 4 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)
Marginal Citations
M12000 c. 8. Section 137G was substituted by section 24(1) of the Financial Services Act 2012 (c.21); subsection (6) was inserted by S.I. 2018/1115.