# The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2025, Regulation 2: 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


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 six years after the date of the submission of the application.

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Source: https://www.legislation.gov.uk/uksi/2025/1030/regulation/2 (the official version)
Page: https://openlegislation.uk/central-counterparties-transitional-provision-extension-and-amendment-regulations-2025/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.