# The Capital Requirements (Amendment) (EU Exit) Regulations 2018, Regulation 199: Article 452 (use of the IRB Approach to credit risk)


In Article 452 (use of the IRB Approach to credit risk), for the third sub-paragraph substitute—
“For the purposes of point (j), the “relevant geographical location of credit exposures” means—
(a) exposures in the United Kingdom; or
(b) exposures in a third country in which the institution carries out activities through a branch or a subsidiary.”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174661/regulation/199 (the official version)
Page: https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018/regulation-199
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.