# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 68: Amendment of the Banking Act 2009


In section 81ZBC (assessment of conditions for section 81ZBB)—
(a) in subsection (5)(a), for “central banks” substitute “the Bank of England”;
(b) in subsection (10)—
(i) in paragraph (b), at the end insert “including any retained EU law that was originally made under Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26th June 2013 on prudential requirements for credit institutions and investment firms”;
(ii) in paragraph (c), for the words “gives effect to the capital requirements directive or its implementing measures or any directly applicable regulation” substitute “was relied on by the United Kingdom immediately before IP completion day to implement the capital requirements directive and its implementing measures or any retained EU law originally”.

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/68 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-68
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.