# The Capital Buffers and Macro-prudential Measures Regulations 2025, Regulation 4: Use of buffer rates to determine institution-specific countercyclical capital buffers


(1) The buffer rates mentioned in regulations 5 and 9 must be used in the determination of institution-specific countercyclical capital buffers where the PRA has made rules under FSMA 2000 requiring UK institutions, or a specified description of UK institutions, to calculate institution-specific countercyclical capital buffers.
(2) In paragraph (1) “specified” means specified in rules made by the PRA under FSMA 2000.

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Source: https://www.legislation.gov.uk/uksi/2025/653/regulation/4 (the official version)
Page: https://openlegislation.uk/capital-buffers-and-macro-prudential-measures-regulations-2025/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.