# The Capital Requirements (Amendment) (EU Exit) Regulations 2018, Regulation 234: Article 12 (level 2B assets)


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)”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174661/regulation/234 (the official version)
Page: https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018/regulation-234
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.