The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2019 No. 335

PART 3 AMENDMENT AND REVOCATION OF RETAINED DIRECT EU LEGISLATION

CHAPTER 1 AMENDMENT OF THE EMIR REGULATION

Calculation of K_ccp

51.  In Article 50a, in paragraph 4—

(a) for the words from “EBA” to “specify” substitute “the Bank of England, having consulted the PRA and the FCA, may make technical standards specifying”;

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