# The Capital Requirements (Amendment) (EU Exit) Regulations 2018, Regulation 106: Article 98 (own funds for investment firms on a consolidated basis)


In Article 98 (own funds for investment firms on a consolidated basis)—
(a) in paragraphs 1 and 2, in both places it occurs, for “parent investment firm in a Member State” substitute “UK parent investment firm”;
(b) after paragraph 2, insert—
“3. In this Article “UK parent investment firm” means an investment firm in the United Kingdom which has an institution or financial institution as a subsidiary or which holds a participation in such an institution or financial institution, and which is not itself a subsidiary of another institution authorised in the United Kingdom, or of a financial holding company or mixed financial holding company set up in the United Kingdom.”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174661/regulation/106 (the official version)
Page: https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018/regulation-106
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.