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Regulation 234 Article 12 (level 2B assets)

Original text. Later amendments are not shown.

In Article 12 (level 2B assets), in paragraph 1—

(a)

in point (c)(i), for “a Member State” in both places substitute “the United Kingdom”;

(b)

in point (c)(ii), for “the currency of the credit institution’s home Member State” substitute “pounds sterling”;

(c)

in point (d), for “the central bank of a Member State” substitute “the Bank”;

(d)

in point (e)(i), for “bonds as referred to in Article 52(4) of Directive 2009/65/EC” substitute “CRR covered bonds”;

(e)

in point (e)(v), for “points (a), (d)(i) and (e)” substitute “points (a) and (d)(i)”.