Paragraph 11 I1

(1)

Article 81(1)(a) (minority interests that qualify for inclusion in consolidated Common Equity Tier 1 capital) is amended as follows.

(2)

After point (ii) insert—

“(iia)
an intermediate financial holding company or intermediate mixed financial holding company that is subject to the requirements of this Regulation on a sub-consolidated basis;
(iib)
an intermediate investment holding company that is subject to the requirements of Part 9C rules on a consolidated basis;
(iic)
an FCA investment firm;”.

(3)

In point (iii)—

(a)

after “subject to prudential requirements” insert “ which are ”,

(b)

for “where” substitute “ which ”, and

(c)

omit “that those prudential requirements”.

Annotations

Commencement

I1: Sch. 1 para. 11 in force at 1.1.2022 by S.I. 2021/671, reg. 5(1)(b) (with reg. 5(2)) (as amended by S.I. 2021/1163, regs. 1(2), 2)