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Regulation 227 Article 2 (scope and application)

Original text. Later amendments are not shown.

(1)

Article 2 (scope and application) is amended as follows.

(2)

In paragraph 1, for the words from “supervised under Directive” to the end, substitute “that are CRR firms”.

(3)

In paragraph 2, for “Articles 8 and 10” substitute “Article 8”.

(4)

In paragraph 3—

(a)

for “EU parent institution” substitute “UK parent institution”;

(b)

for “EU parent financial holding company” substitute “UK parent financial holding company”;

(c)

for “EU parent mixed financial holding company” substitute “UK parent mixed financial holding company”;

(d)

in sub-paragraph (d) for the words “the national law of” to end, substitute “the Liquidity Coverage Requirement – UK Designated Investment Firms Part of the PRA’s rulebook or the applicable liquidity requirements in the FCA’s Handbook”.