Regulation 173 Article 400 (exemptions)

(1)

Article 400 (exemptions) is amended as follows.

(2)

In paragraphs 1(e) and 2(b), for “Member States” substitute “the United Kingdom”.

(3)

For paragraph 1(k) substitute—

“(k)
exposures to the UK deposit guarantee scheme arising from the funding of that scheme.”.

(4)

In paragraph 3—

(a)

in the first sub-paragraph, in point (b), for “Article 81 of Directive 2013/36/EU” substitute “applicable regulatory rules (within the meaning of Article 395(1A))”;

(b)

omit the second sub-paragraph.