Paragraph 25 Capital Requirements Regulation
In Article 270a (additional risk weight)—
(a)
in paragraph 1—
(i)
for “Chapter 2 of Regulation (EU) 2017/2402” substitute “PRA securitisation rules”;
(ii)
for “in Article 6(5) of Regulation (EU) 2017/2402” substitute “in PRA securitisation rules from risk retention requirements imposed by those rules”;
(iii)
for the words from “a securitisation” to the end substitute “the securitisation if that exemption did not apply.”;
(b)
after paragraph 1 insert—
“1AIn paragraph 1, “PRA securitisation rules” means rules made by the PRA under section 137G of FSMA which relate to securitisation.”.