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Regulation 3 Bank of England Act 1998 (Macro-prudential Measures) (No. 2) Order 2015

Original text. Later amendments are not shown.

In article 2(1) of the Bank of England Act 1998 (Macro-prudential Measures) (No. 2) Order 2015 (interpretation)f1—

(a)

in the definition of “G-SII”, omit “pursuant to Part 4 of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014”;

(b)

in the definition of “G-SII additional leverage ratio”, for “G-SII buffer” substitute “buffer”;

(c)

omit the definition of “G-SII buffer”;

(d)

in the definition of “institution-specific countercyclical capital buffer”, for “Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014” substitute “Capital Buffers and Macro-prudential Measures Regulations 2025”;

(e)

in the definition of “O-SII additional leverage ratio”, for “Part 5ZA of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014” substitute “Part 3 of the Capital Buffers and Macro-prudential Measures Regulations 2025”;

(f)

in the definition of “O-SII buffer”, for “regulation 34 of the Capital Requirements (Capital Buffers and Macro-prudential Measure) Regulations 2014” substitute “regulation 16 of the Capital Buffers and Macro-prudential Measures Regulations 2025”;

(g)

in the definition of “relevant O-SII”, for “regulation 34 of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014” substitute “regulation 14 of the Capital Buffers and Macro-prudential Measures Regulations 2025”.

Annotations

Footnotes

f1

S.I. 2015/905. Article 2(1) was amended by S.I. 2018/1297, 2020/1406, 2021/869.