The Capital Requirements (Amendment) (EU Exit) Regulations 2019 No. 1232

PART 3 U.K. Amendment of retained direct EU law

Article 279a (supervisory delta) U.K.

40.—(1) Article 279a (supervisory delta) is amended as follows.

(2) In paragraph 3—

(a) for “EBA shall develop draft regulatory” substitute “ The FCA and PRA may each make ”;

(b) omit the words from “EBA shall submit” to the end.

Commencement Information

I1 Reg. 40 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)