{
  "url": "https://openlegislation.uk/capital-buffers-and-macro-prudential-measures-regulations-2025/regulation-15",
  "json_url": "https://openlegislation.uk/capital-buffers-and-macro-prudential-measures-regulations-2025/regulation-15.json",
  "legislation": "uksi/2025/653",
  "legislation_title": "The Capital Buffers and Macro-prudential Measures Regulations 2025",
  "legislation_url": "https://openlegislation.uk/capital-buffers-and-macro-prudential-measures-regulations-2025",
  "path": "regulation/15",
  "kind": "regulation",
  "number": "15",
  "heading": "Duty of PRA to identify O-SIIs",
  "text": "(1) The PRA must identify O-SIIs in accordance with this regulation.\n(2) An O-SII must be—\n(a) a person with permission to carry on a regulated activity under Part 4A (permission to carry on regulated activities) of FSMA 2000, or\n(b) a person established in the United Kingdom.\n(3) An O-SII must also be—\n(a) part of a group, the parent undertaking of which is—\n(i) a UK parent institution,\n(ii) a UK parent financial holding company, or\n(iii) a UK parent mixed financial holding company, or\n(b) an institution.\n(4) In this regulation, “group” has the meaning given in section 421 (group) of FSMA 2000.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 421 was amended by S.I. 2008/948."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/653/regulation/15",
    "retrieved_at": "2026-10-28T21:15:17.287852+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}