The Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014, CHAPTER 4 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
19A. Where the PRA makes rules under section 192V of FSMA requiring a parent financial holding company or a parent mixed financial holding company (a “holding company”) to calculate an institution-specific countercyclical capital buffer—
(a)the buffer rate set by the FPC under regulation 10, or recognised or set under regulation 15, is to apply to the holding company as it applies to a UK institution;
(b)the date set by the FPC for the application—
(i)of a change in the buffer rate under regulation 11, or
(ii)of a buffer rate recognised or set under regulation 15,
is to apply to the holding company as it applies to a UK institution.]
Textual Amendments
F1Reg. 19A inserted (31.12.2020) by The Capital Requirements (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1401), regs. 1(3), 47A (as inserted by S.I. 2020/1406, regs. 1(2), 15 and with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
F220. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
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