{
  "url": "https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018/regulation-117",
  "json_url": "https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018/regulation-117.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/117",
  "kind": "regulation",
  "number": "117",
  "heading": "Article 119 (exposures to institutions)",
  "text": "In Article 119 (exposures to institutions), in paragraph 4—\n(a) in the first sub-paragraph—\n(i) for “the ECB or by the central bank of a Member State” substitute “the Bank”;\n(ii) for “the central bank of the Member State in question” substitute “the Bank”;\n(b) for point (a) substitute—\n“(a) the reserves are held in accordance with national requirements which are, in all material respects, equivalent to those in Regulation (EC) No 1745/2003 of the European Central Bank of 12 September 2003;”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Regulation (EC) No 1745/2003 of the European Central Bank of 12 September 2003 on the application of minimum reserves."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2018/9780111174661/regulation/117",
    "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."
}