{
  "url": "https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018/regulation-104",
  "json_url": "https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018/regulation-104.json",
  "legislation": "ukdsi/2018/9780111174661",
  "legislation_title": "The Capital Requirements (Amendment) (EU Exit) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018",
  "path": "regulation/104",
  "kind": "regulation",
  "number": "104",
  "heading": "Article 96 (own funds requirements for investment firms which hold initial capital)",
  "text": "In Article 96 (own funds requirements for investment firms which hold initial capital)—\n(a) for the heading substitute “Own funds requirements for IFPRU 730K firms”;\n(b) in paragraph 1—\n(i) the existing wording becomes the first sub-paragraph of paragraph 1;\n(ii) in the first sub-paragraph for “the following categories of investment firm which hold initial capital in accordance with Article 28(2) of Directive 2013/36/EU” substitute “the following categories of IFPRU 730K firms”;\n(iii) after the first sub-paragraph insert a second sub-paragraph—\n“In the first sub-paragraph “IFPRU 730K firm” has the meaning given in rule 1.1.11 of the FCA’s Prudential sourcebook for Investment Firms.”;\n(c) In paragraph 3, for the words from “laid down in” to the end substitute “provided in rules 2.2.32 and 2.2.33 of the FCA’s Prudential sourcebook for Investment Firms”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2018/9780111174661/regulation/104",
    "retrieved_at": "2026-10-30T15:03:25.220106+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."
}