Section 144D Explanation to accompany consultation on CRR rulesC1C2
A draft of proposed CRR rules published in accordance with section 138J(1)(b) must be accompanied by an explanation of the ways in which having regard to the matters specified in or under section 144C(1) has affected the proposed rules (as well as being accompanied by the information listed in section 138J(2)).
If the PRA makes the proposed CRR rules, it must publish—
a summary of the purpose of the proposed rules, and
an explanation complying with subsection (1),
(as well as the information required by section 138J(4) and (5)).
This section is subject to section 144E.
Annotations
Modifications
- C1
S. 144D restricted (13.3.2023 at 8.00 a.m.) by The Amendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023 (S.I. 2023/319), arts. 1(2), 4(1)
- C2
S. 144D modified (temp.) (22.8.2023) by The Financial Services and Markets Act 2023 (Commencement No. 2 and Transitional Provisions) Regulations 2023 (S.I. 2023/936), reg. 5
Notes on Part 9D
Textual amendments
- F1
Pt. 9D repealed (1.1.2024 for the repeal of s. 144H(2)) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 4 (with ss. 1(4), 7(4)); S.I. 2023/779, reg. 5(e)(iii)