Paragraph 37 I1
(1)
Article 325az (alternative internal model approach and permission to use alternative internal models) is amended as follows.
(2)
In paragraph 8, for “The FCA and PRA may each” substitute “ The PRA may ”.
(3)
In paragraph 9—
(a)
for “The FCA and the PRA may each” substitute “ The PRA may ”, and
(b)
for “they” substitute “ it ”.
Annotations
Commencement
- I1
Sch. 1 para. 37 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)