# Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance), Article 458B: Enhanced prudential measures: effect of revocation


(1.) Paragraph 2 applies where—
(a) the FPC revokes an enhanced prudential measures direction in accordance with section 9J of the 1998 Act; or
(b) the FPC withdraws an enhanced prudential measures recommendation and notifies the competent authority of that withdrawal.
(2) A competent authority which has introduced an enhanced prudential implementation action must consider whether it is appropriate to cease to implement that action.

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Source: https://www.legislation.gov.uk/eur/2013/575/article/458B (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-575/article-458B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.