PART 4Amendment of retained direct EU legislation

CHAPTER 1Amendment of the Capital Requirements Regulation

Article 20 (joint decisions on prudential requirements)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.