Paragraph 66 Minimum requirement for own funds and eligible liabilities: determination of minimum requirement for an institution

before the definition of “relevant institution” insert—

• ““covered bond” means a regulated covered bond within the meaning of regulation 1(2) of the Regulated Covered Bonds Regulations 2008^f1; and;”.

in the definition of “relevant institution” for “Article 111 of the capital requirements directive” substitute “Part 6 of the Capital Requirements Regulations 2013”.