The Capital Requirements (Amendment) (EU Exit) Regulations 2018

Article 20 (joint decisions on prudential requirements)

This section has no associated Explanatory Memorandum

79.  In Article 20 (joint decisions on prudential requirements)—

(a)omit paragraphs 1 to 5;

(b)in paragraph 6, for “an EU parent institution and its subsidiaries, the subsidiaries of an EU parent financial holding company or an EU parent mixed financial holding company” substitute “a UK parent institution and its subsidiaries, the subsidiaries of a UK parent financial holding company or a UK parent mixed financial holding company”;

(c)omit paragraphs 7 and 8.