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Regulation 18 Regulation 21 (assessment of equivalent of consolidated supervision by supervisory authorities in non-EEA states)

Original text. Later amendments are not shown.

In regulation 21 (assessment of equivalence of consolidated supervision by supervisory authorities in non-EEA states)—

(a)

in the heading, for “non-EEA States” substitute “third countries”;

(b)

in paragraphs (1)(b) and (5), for “an EEA State” substitute “the United Kingdom”;

(c)

in paragraph (1)(c), for the words from “in accordance with” to the end substitute “by the FCA or PRA”;

(d)

in paragraphs (1)(e)(i) and (2), for “EEA” substitute “United Kingdom”;

(e)

in paragraphs (2) and (4)(a), for “the capital requirements directive” substitute “Directive 2013/36/EU UK law”;

(f)

omit paragraph (3);

(g)

in paragraph (4)(b), omit the words “in accordance with” to the end;

(h)

omit paragraph (6).