{
  "url": "https://openlegislation.uk/central-counterparties-transitional-provision-extension-and-amendment-regulations-2022/regulation-2",
  "json_url": "https://openlegislation.uk/central-counterparties-transitional-provision-extension-and-amendment-regulations-2022/regulation-2.json",
  "legislation": "uksi/2022/1244",
  "legislation_title": "The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2022",
  "legislation_url": "https://openlegislation.uk/central-counterparties-transitional-provision-extension-and-amendment-regulations-2022",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Extension of the transitional period for third-country central counterparties under Article 497 of Regulation (EU) 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 No 648/2012",
  "text": "In Article 497 (own funds requirements for exposures to CCPs) of Regulation (EU) 575/2013, the transitional period referred to in paragraph 1(b)(ii) is extended by 12 months so that it ends three years after the date of the submission of the application.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Article 497 was amended by S.I. 2019/1232 and S.I. 2021/1078."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2022/1244/regulation/2",
    "retrieved_at": "2026-10-28T21:52:57.198233+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."
}