Regulation 222 European Supervisory Authorities’ functions in the Capital Requirements Regulation transferred to both the FCA and PRA
(1)
The paragraphs of the Articles of the Capital Requirements Regulation specified in the first column of Table 1 are amended as follows—
(a)
the amendment specified in paragraph (2) is made to the provision specified in the second column, and
(b)
the provisions specified in the third column are omitted (they concern the procedure for the proposal and adoption of technical standards by EU entities).
(2)
The amendment specified is, as the context requires—
(a)
for “EBA shall develop draft regulatory technical standards” substitute “The FCA and the PRA may each make technical standards”, or
(b)
for “EBA shall develop draft implementing technical standards” substitute “The FCA and the PRA may each make technical standards”.
Table 1
| Article & paragraph | Provision to be amended (to transfer power to make technical standards to the FCA and PRA) | Provisions to be omitted |
|---|---|---|
| Article 18(7). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 26(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 28(5). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 29(6). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 32(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 33(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 36(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 36(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 41(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 52(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 73(7). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 76(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 78(5). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 79(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 83(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 84(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 99(5). | First sub-paragraph. | Third and fourth sub-paragraphs. |
| Article 99(6). | Second sub-paragraph. | Third and fourth sub-paragraphs. |
| Article 101(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 105(14). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 110(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 124(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 143(5). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 144(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 148(6). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 150(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 152(5). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 153(9). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 164(6). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 173(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 178(6). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 180(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 181(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 182(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 183(6). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 194(10). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 221(9). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 270. | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 304(5). | First sub-paragraph. | Third and Fourth sub-paragraphs. |
| Article 312(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 314(5). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 316(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 318(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 329(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 341(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 344(1). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 352(6). | First sub-paragraph. | Second to fourth sub-paragraphs. |
| Article 354(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 358(4). | First sub-paragraph. | Second to fourth sub-paragraphs. |
| Article 363(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 383(7). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 390(8). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 394(4). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 410(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 410(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 430(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 437(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 440(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 441(2) | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 443. | Second sub-paragraph. | Third and fourth sub-paragraphs. |
| Article 451(2). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 487(3). | First sub-paragraph. | Second and third sub-paragraphs. |
| Article 492(5). | First sub-paragraph. | Second and third sub-paragraphs. |