[F1PART 7U.K.Application to Group Companies
Textual Amendments
F1Pts. 6-8 inserted (10.1.2015) by The Bank Recovery and Resolution (No. 2) Order 2014 (S.I. 2014/3348), art. 1(2), Sch. 3 para. 10(13)
Interpretation of this PartU.K.
44. In this Part—
F2(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)“UK group company” means—
(i)a financial institution as defined in point (26) of Article 4(1) of the capital requirements regulation that is authorised by the PRA or FCA,
(ii)a parent undertaking as defined in Article 4(1)(15)(a) of the capital requirements regulation, or
(iii)any other firm within the scope of Article 1(1) of the recovery and resolution directive,
the head office of which is in the United Kingdom and which is not otherwise subject to these Regulations.
Textual Amendments
Application to UK group companiesU.K.
45. These Regulations apply to UK group companies with respect to which a stabilisation instrument has been made, as if they were UK credit institutions.]
Application to EEA group companiesU.K.
F346. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
Reorganisation measures and winding-up proceedings in respect of EEA group companies effective in the United KingdomU.K.
F447. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments