OpenLegislation

Article 4 Equivalence of requirements applied to exposures to central governments, central banks, regional governments, local authorities and public sector entities for the purposes of Articles 114, 115, 116 of Regulation (EU) No 575/2013

United Kingdom

Original text. Later amendments are not shown.

For the purposes of Articles 114(7), 115(4) and 116(5) of Regulation (EU) No 575/2013, the third countries and territories listed in Annex IV to this Decision shall be considered as applying supervisory and regulatory arrangements equivalent to those applied to credit institutions in the F1United Kingdom.

Annotations

Textual amendments

F1

Words in Art. 4 substituted (31.12.2020) by The Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019 (S.I. 2019/541), reg. 1(2), Sch. 2 para. 5; 2020 c. 1, Sch. 5 para. 1(1)