2006 No. 3221
The Capital Requirements Regulations 2006 (revoked)F1
Made
Laid before Parliament
Coming into force
F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1PART 1INTRODUCTION
Citation, commencement and interpretationF11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1PART 2APPLICATIONS FOR PERMISSIONS
Application for permissionF12
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Applications to an appropriate regulator as EEA consolidated supervisorF13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Applications forwarded to an appropriate regulator as a relevant competent authorityF14
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Proposals to vary or revoke a decision or joint decisionF15
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F16
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Recognition and application of a decision or joint decisionF17
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Exercise of functions under section 138A of the Act for the purpose of applying a decision or a joint decisionF18
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F19
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1PART 3EXERCISE OF SUPERVISION
Duties of an appropriate regulator as an EEA consolidated supervisorF110
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F110A
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F110B
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F111
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F112
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F112A
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Duties of an appropriate regulator as EEA consolidated supervisor or national consolidated supervisorF113
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F114
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F115
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F116
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Significant branchesF116A
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F116B
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F116C
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F116D
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
General duties of FCA and PRAF116E
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The Bank of England’s general dutiesF116F
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The relevant regulator’s duties in relation to employee remunerationF116G
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Disclosed informationF117
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001F118
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F119
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F120
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1PART 4CREDIT INSTITUTIONS AND EXTERNAL CREDIT ASSESSMENT INSTITUTIONS
InterpretationF121
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Recognition for exposure risk-weighting purposesF122
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Recognition for securitisation risk-weighting purposesF123
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Publishing recognition process and list of ECAIsF124
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Revoking recognitionF125
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1PART 5MISCELLANEOUS
Restriction on disclosureF126
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Functions of the FCA and PRAF127
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Service of noticesF128
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Consequential amendments to primary and secondary legislationF129
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1SCHEDULE 1Recognition of ECAIs
F1PART 1Methodology
ObjectivityF11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
IndependenceF12
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Ongoing reviewF14
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F15
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F16
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transparency and disclosureF17
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F17A
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1PART 2Credit assessments
Credibility and market acceptanceF18
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F19
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transparency and DisclosureF110
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1SCHEDULE 2Mapping
F11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F12
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F14
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F15
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1SCHEDULE 3Consequential amendments to the Act
F11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F12
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1SCHEDULE 4Consequential amendments to other primary legislation
Amendment of the Consumer Credit Act 1974F11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Companies Act 1985F12
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Building Societies Act 1986F13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Bank of England Act 1998F14
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Criminal Justice Act 1993F15
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Terrorism Act 2000F16
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Proceeds of Crime Act 2002F17
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1SCHEDULE 5Consequential amendments to the Financial Conglomerates and Other Financial Groups Regulations 2004
F11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1SCHEDULE 6Consequential amendments to other secondary legislation
Amendment of the Cash Ratio Deposits (Eligible Liabilities) Order 1998F11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Cross-Border Credit Transfers Regulations 1999F12
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999F13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Competition Act 1998 (Small Agreements and Conduct of Minor Significance) Regulations 2000F14
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Competition Act 1998 (Determination of Turnover for Penalties) Order 2000F15
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001F16
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Services and Markets Act 2000 (Compensation Scheme: Electing Participants) Regulations 2001F17
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001F18
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001F19
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Services and Markets Act 2000 (Gibraltar) Order 2001F110
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Services and Markets Act 2000 (Confidential Information) (Bank of England) (Consequential Provisions) Order 2001F111
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Uncertified Securities Regulations 2001F112
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2002F113
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Enterprise Act 2002 (Merger Fees and Determination of Turnover) Order 2003F114
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Money Laundering Regulations 2003F115
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Conduct of Employment Agencies and Employment Businesses Regulations 2003F116
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Credit Institutions (Reorganisation and Winding Up) Regulations 2004F117
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Amendment of the Building Societies Act 1986 (Modification of the Lending Limit and Funding Limit Calculations) Order 2004F118
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Regulations revoked (1.1.2014) by The Capital Requirements Regulations 2013 (S.I. 2013/3115), regs. 1(2), 3, Sch. 3