[F1Saving for permissions granted under the Capital Requirements RegulationU.K.

15.(1) Where the effect of these Regulations is to revoke Articles of the Capital Requirements Regulation listed in column 1 of Table 1, any permission granted under an Article listed in column 1 of that Table has effect as if granted under the rule of the PRA Rulebook listed in column 2 of the same row of that Table.

Table 1

Capital Requirements RegulationPRA Rulebook
Article 385Article 385 of Chapter 3 of the Credit Valuation Adjustment Risk (CRR) Part
Article 422(8)Article 422(8) of Chapter 4 of the Liquidity (CRR) Part
Article 425(1)Article 425(1) of Chapter 4 of the Liquidity (CRR) Part
Article 425(4)Article 425(4) of Chapter 4 of the Liquidity (CRR) Part
Article 396(1), paragraph 1Article 396(1), paragraph 1 of Chapter 4 of the Large Exposures (CRR) Part
Article 396(1), paragraph 2Article 396(1), paragraph 2 of Chapter 4 of the Large Exposures (CRR) Part
Article 400(2)(c)Article 400(2)(c) of Chapter 4 of the Large Exposures (CRR) Part
Article 400(2)(g)Article 400(2)(g) of Chapter 4 of the Large Exposures (CRR) Part
Article 400(2)(h)Article 400(2)(h) of Chapter 4 of the Large Exposures (CRR) Part
Article 429(7)Article 429a(1)(c) of Chapter 3 of the Leverage Ratio (CRR) Part
Article 429(14)Article 429a(1)(j) of Chapter 3 of the Leverage Ratio (CRR) Part

(2) Where the effect of these Regulations is to revoke Articles of Commission Delegated Regulation (EU) 2015/61 listed in column 1 of Table 2, any permission granted under an Article listed in column 1 of that Table has effect as if granted under the rule of the PRA Rulebook listed in column 2 of the same row of that Table.

Table 2

Commission Delegated Regulation (EU) 2015/61PRA Rulebook
Article 8(3)Article 8(3) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part
Article 12(3)Article 12(3) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part
Article 17Article 17 of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part
Article 26Article 26 of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part
Article 29Article 29 of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part
Article 33(2)Article 33(2) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part
Article 33(3)Article 33(3) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part
Article 33(4)Article 33(4) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part
Article 34(1)Article 34(1) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part

(3) In this regulation, “PRA Rulebook” means the rulebook published by the Prudential Regulation Authority containing rules made by that Authority under the Financial Services and Markets Act 2000 as that rulebook has effect on 1 January 2022.]