{
  "url": "https://openlegislation.uk/draft-bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-3/paragraph-37",
  "json_url": "https://openlegislation.uk/draft-bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-3/paragraph-37.json",
  "legislation": "ukdsi/2018/9780111173732",
  "legislation_title": "The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/draft-bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018",
  "path": "schedule/3/paragraph/37",
  "kind": "paragraph",
  "number": "37",
  "heading": "Assessment of resolvability of groups",
  "text": "(1) Article 62 (assessment of group resolvability where the PRA or FCA is the consolidating supervisor) is amended as follows.\n(2) In paragraph (3)—\n(a) in sub-paragraph (a) for the words from “Section C” to the end substitute “Schedule 2B and in any technical standards under paragraph (2A);”;\n(b) omit sub-paragraph (d)(ii) and (iii).\n(3) After paragraph (3) insert—\n“(3A) The Bank may make technical standards providing—\n(a) further examples of relevant matters to be considered; and\n(b) criteria to be examined,\nfor the purposes of making the assessment of group resolvability.”.\n(4) In paragraph (5)—\n(a) for “take resolution action” substitute “apply the resolution tools, exercise resolution powers or take”;\n(b) for “any EEA State” substitute “the United Kingdom”.\n(5) Omit paragraphs (6) to (8).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2018/9780111173732/schedule/3/paragraph/37",
    "retrieved_at": "2026-10-30T15:03:43.472272+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."
}