Paragraph 42 I1
(1)
Article 69 (report on substantive impediments to the resolvability of group entities) is amended as follows.
(2)
In paragraph (1) omit “EBA and” and “and after consulting the relevant competent authorities”.
(3)
For paragraph (2) substitute—
“(2)The Bank must submit its report to the UK parent undertaking and the appropriate regulator.”.
Annotations
Commencement
- I1
Sch. 3 para. 42 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)