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The Capital Requirements (Amendment) (EU Exit) Regulations 2019
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- UK Statutory Instruments
- 2019 No. 1232
- PART 3
- Regulation 57
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Article 325bd (liquidity horizons)
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57.—(1) Article 325bd (liquidity horizons) is amended as follows.
(2) Omit paragraph 5.
(3) In paragraph 7—
(a)for “EBA shall develop draft regulatory” substitute “The FCA and PRA may each make”;
(b)omit the words from “EBA shall submit” to the end.
(4) In Table 2—
(a)in the fifth row, for “Central government, including central banks, of Member States” substitute “The central government of the United Kingdom, and the Bank”;
(b)in the sixth row, for “Covered bonds issued by credit institutions in Member States (Investment Grade)” substitute “Covered bonds issued by credit institutions in the United Kingdom (Investment Grade)”.
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