Regulation 2 Interpretation

In these Regulations—

• “the Bank” means the Bank of England;

• “the Capital Requirements Regulation” means Regulation (EU) No.575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No.648/2012^f1;

• “FPC” means the Financial Policy Committee of the Bank;

• “regulated activity” has the meaning given in section 417(1) (definitions) of FSMA 2000^f2.

Except as provided in paragraph (1) or otherwise provided in these Regulations, any expression used in these Regulations which is defined in Article 4 (definitions) of the Capital Requirements Regulation^f3 has the meaning which is given in that Article.