[X1PART NINE U.K.[F1Regulations, enhanced prudential measures and technical standards]

Article 456U.K. [F2Regulations modifying this Regulation]

1.[F3The Treasury may make regulations] concerning the following matters:

(a)clarification of the definitions set out in Articles 4, 5, 142, 153, 192, 242, 272 [F4and 381] F5...;

(b)clarification of the definitions set out in Articles 4, 5, 142, 153, 192, 242, 272 [F6and 381] in order to take account, in the application of this Regulation, of developments on financial markets;

(c)amendment of the list of exposure classes in Articles 112 and 147 in order to take account of developments on financial markets;

(d)the amount specified in point (c) of Article 123, Article 147(5)(a), Article 153(4) and Article 162(4), to take into account the effects of inflation;

(e)the list and classification of the off-balance sheet items in Annexes I and II, in order to take account of developments on financial markets;

F7(f). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F8(g). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(h)amendment of the own funds requirements as set out in F9... Articles 50a to 50d of Regulation (EU) No 648/2012 to take account of developments or amendments of the international standards for exposures to a central counterparty;

F10(i). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F10(j). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2.[F11The Treasury may by regulations amend Articles 381, 382(1) to (3) [F12, 383, 384 and 386] concerning—]

(a)the treatment of CVA risk as a stand-alone charge versus an integrated component of the market risk framework;

(b)the scope of the CVA risk charge including the exemption in Article 482;

(c)eligible hedges;

(d)calculation of capital requirements of CVA risk.

F13...]

Textual Amendments

Editorial Information

Textual Amendments