Article 7 (general requirements for liquid assets)
This section has no associated Explanatory Memorandum
230. In Article 7 (general requirements for liquid assets)—
(a)in paragraph 2(a), omit the words from “This shall include” to “institutional protection scheme”;
(b)in paragraph 4(g), for “activities listed in Annex I to Directive 2013/36/EU” substitute “Annex 1 activities”;
(c)in paragraph 6, for “a Member State” substitute “the United Kingdom”;
(d)omit paragraph 7(d).