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The Capital Requirements Regulation (Amendment) Regulations 2021, Section 14 is up to date with all changes known to be in force on or before 04 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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14. Notwithstanding the revocation of Articles 390(8), 394(4), 415(3a) and 419(5) of the Capital Requirements Regulation made by regulations 7(a) and 8 of these Regulations, the Financial Conduct Authority (“FCA”) retains the power to modify, revoke or amend any technical standards in force immediately before 1 January 2022 which were—
(a)adopted by the European Commission before IP completion day; or
(b)made by the FCA after IP completion day;
under those Articles.]
Textual Amendments
F1Regs. 14, 15 inserted (8.12.2021) by The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(2), 32(8)
Commencement Information
I1Reg. 14 in force at 1.1.2022, see reg. 1(1)
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