Regulation 50 Regulation 22 (G-SIIs: location and nature)

In regulation 22 (G-SIIs: location and nature), for paragraph (2) substitute—

“(2)

A G-SII must also be—

(a)

a UK parent institution;

(b)

a UK parent financial holding company;

(c)

a UK parent mixed financial holding company; or

(d)

an institution authorised in the United Kingdom which is not a subsidiary of a body mentioned in sub-paragraphs (a) to (c).”.