Introductory text
FINANCIAL SERVICES
Made 9th September 2026
Laid before Parliament 14th September 2026
Coming into force 1st December 2026
The Treasury make these Regulations in exercise of the powers conferred by Articles 464A(2) and 497(3) 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 (EU) 648/2012f1 (the “Capital Requirements Regulation”).
The Treasury are satisfied that exceptional circumstances exist and that it is necessary and proportionate to extend the transitional provisions in Article 497(1) of the Capital Requirements Regulation in order to avoid disruption to international financial markets.
Annotations
Footnotes
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EUR 2013/575, as amended by S.I. 2018/1401, 2019/1232 and 2021/1078. S.I. 2026/682 commences the revocation of Article 497 with effect from 1st January 2027, subject to transitional and saving provision.