{
  "url": "https://openlegislation.uk/capital-requirements-regulation-amendment-regulations-2021/regulation-15",
  "json_url": "https://openlegislation.uk/capital-requirements-regulation-amendment-regulations-2021/regulation-15.json",
  "legislation": "uksi/2021/1078",
  "legislation_title": "The Capital Requirements Regulation (Amendment) Regulations 2021",
  "legislation_url": "https://openlegislation.uk/capital-requirements-regulation-amendment-regulations-2021",
  "path": "regulation/15",
  "kind": "regulation",
  "number": "15",
  "heading": "Saving for permissions granted under the Capital Requirements Regulation",
  "text": "(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.\nTable 1\nCapital Requirements Regulation\nPRA Rulebook\nArticle 385\nArticle 385 of Chapter 3 of the Credit Valuation Adjustment Risk (CRR) Part\nArticle 422(8)\nArticle 422(8) of Chapter 4 of the Liquidity (CRR) Part\nArticle 425(1)\nArticle 425(1) of Chapter 4 of the Liquidity (CRR) Part\nArticle 425(4)\nArticle 425(4) of Chapter 4 of the Liquidity (CRR) Part\nArticle 396(1), paragraph 1\nArticle 396(1), paragraph 1 of Chapter 4 of the Large Exposures (CRR) Part\nArticle 396(1), paragraph 2\nArticle 396(1), paragraph 2 of Chapter 4 of the Large Exposures (CRR) Part\nArticle 400(2)(c)\nArticle 400(2)(c) of Chapter 4 of the Large Exposures (CRR) Part\nArticle 400(2)(g)\nArticle 400(2)(g) of Chapter 4 of the Large Exposures (CRR) Part\nArticle 400(2)(h)\nArticle 400(2)(h) of Chapter 4 of the Large Exposures (CRR) Part\nArticle 429(7)\nArticle 429a(1)(c) of Chapter 3 of the Leverage Ratio (CRR) Part\nArticle 429(14)\nArticle 429a(1)(j) of Chapter 3 of the Leverage Ratio (CRR) Part\n(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.\nTable 2\nCommission Delegated Regulation (EU) 2015/61\nPRA Rulebook\nArticle 8(3)\nArticle 8(3) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\nArticle 12(3)\nArticle 12(3) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\nArticle 17\nArticle 17 of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\nArticle 26\nArticle 26 of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\nArticle 29\nArticle 29 of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\nArticle 33(2)\nArticle 33(2) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\nArticle 33(3)\nArticle 33(3) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\nArticle 33(4)\nArticle 33(4) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\nArticle 34(1)\nArticle 34(1) of Chapter 2 of the Liquidity Coverage Ratio (CRR) Part\n(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.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regs. 14, 15 inserted (8.12.2021) by The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(2), 32(8)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 15 in force at 1.1.2022, see reg. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2021/1078/regulation/15",
    "retrieved_at": "2026-10-28T22:08:39.436570+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."
}