SCHEDULE 4 Amendments of the Capital Requirements regulation
Financial Services Act 2021 (2021 c 22) | Legislation

SCHEDULE 4 Amendments of the Capital Requirements regulation

Section 7

1

The Capital Requirements Regulation is amended as follows.

2

In Article 4A(1)(a) (definitions: references to PRA rulebook), for “as the rulebook has effect on IP completion day†substitute “as amended from time to timeâ€.

3

In Article 92(3) (own funds requirements), for points (b) and (c) substitute—

“(b)     the own funds requirements for the trading-book business of an institution for the following—

(i)     market risk as determined in accordance with Title IV of this Part, excluding the approaches set out in Chapters 1a and 1b of that Title;

(ii)     large exposures exceeding the limits specified in Articles 395 to 401, to the extent that an institution is permitted to exceed those limits, as determined in accordance with Part Four;

(c)     the own funds requirements for market risk as determined in accordance with Title IV of this Part,

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