The Capital Requirements (Amendment) (EU Exit) Regulations 2018 No. 1401

PART 4 U.K. Amendment of retained direct EU legislation

CHAPTER 1 U.K. Amendment of the Capital Requirements Regulation

Article 229 (valuation principles for other eligible collateral under the IRB approach) U.K.

143.  In Article 229 (valuation principles for other eligible collateral under the IRB approach), in the paragraph 1, in the second sub-paragraph, for the words from “In those Member States” to “regulatory provisions” substitute “ If rigorous criteria are in force at the time in the United Kingdom for the assessment of the mortgage lending value ”.

Commencement Information

I1 Reg. 143 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)