Regulation 236 Article 19 (alternative liquidity approaches)
In Article 19 (alternative liquidity approaches)—
in paragraph 1(b), for “the central bank in a Member State or third country” substitute “the Bank, the European Central Bank or the central banks of third countries”;
in paragraph 3, for the words from “by the implementing regulation” to the end substitute “in accordance with Commission Implementing Regulation (EU) 2015/2344, or any subsequent technical standards made by the PRA under Article 419(4) of the Capital Requirements Regulation”f1;
in paragraph 4, for the words from “by the delegated act” to the end substitute “in accordance with Commission Delegated Regulation (EU) 2016/709, or any subsequent technical standards made by the PRA under Article 419(5) of the Capital Requirements Regulation”f2.
Annotations
Footnotes
- f1
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Commission Implementing Regulation (EU) 2015/2344 of 15 December 2015 laying down implementing technical standards with regard to currencies with constraints on the availability of liquid assets in accordance with Regulation (EU) No 575/2013 of the European Parliament and of the Council.
- f2
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Commission Delegated Regulation (EU) 2016/709 of 26 January 2016 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying the conditions for the application of the derogations concerning currencies with constraints on the availability of liquid assets.