SCHEDULES
SCHEDULE 1Exclusion of certain investment firms from the Capital Requirements Regulation: consequential amendments
PART 1Amendments of the Capital Requirements Regulation
36
(1)
Article 325u(5) (own funds requirements for residual risks) is amended as follows.
(2)
In the first subparagraph, for “The FCA and PRA may each” substitute “
The PRA may
”
.
(3)
In the second subparagraph, for “the FCA and PRA” substitute “
the PRA
”
.