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Regulation (EU) No 575/2013 of the European Parliament and of the CouncilShow full title

Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance)

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[X1 Article 457U.K. Technical adjustments and corrections

[F1The Treasury may by regulations] make technical adjustment and corrections of non-essential elements in the following provisions in order to take account of developments in new financial products or activities, to make adjustments taking into account developments [F2after IP completion day in the law of the United Kingdom, or any part of it,] on financial services and accounting [F3including UK-adopted international accounting standards]:

(a)

the own funds requirements for credit risk laid down in [F4Articles 111 to 127, 129 to 131, 133, 134, 143 to 151, 153 to 157 and 159 to 191];

(b)

the effects of credit risk mitigation in accordance with Articles 193 to 241;

(c)

[F5the own funds requirements for securitisation laid down in Articles 242 to 270a;]

(d)

the own funds requirements for counterparty credit risks in accordance with Articles 272 [F6and 283 to 299];

(e)

the own funds requirements for operational risk laid down in [F7Articles 315 and 317 to 324];

(f)

the own funds requirements for market risk laid down in Articles 325 to 377;

(g)

the own funds requirements for settlement risk laid down in Articles 378 and 379;

(h)

the own funds requirements for credit valuation adjustment risk laid down in Articles 383, 384 and 386;

(i)

Part Two F8... only as a result of developments in accounting standards or requirements which take account of [F9the law of the United Kingdom, or any part of it].]

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