PART 3Amendment of retained direct EU law

Article 430 (reporting on prudential requirements and financial information)71.

(1)

Article 430 (reporting on prudential requirements and financial information) is amended as follows.

(2)

Omit paragraph 2.

(3)

In paragraph 7—

(a)

in the opening sentence, for “EBA shall develop draft implementing” substitute “ The FCA and PRA may each make ”;

(b)

omit the second sentence;

(c)

in the third sentence—

(i)

omit the words “draft implementing”;

(ii)

for “EBA” substitute “ the FCA and PRA ”;

(d)

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

(4)

Omit paragraph 8.