SCHEDULE 3Amendments of the Bank Recovery and Resolution (No.2) Order 2014
Assessment of group recovery plan12
1
Article 18 (assessment of group recovery plan) is amended as follows.
2
In paragraph (1) omit “Where every group institution is a UK authorised person,”.
3
Omit paragraphs (2) and (3).
4
In paragraph (4)—
a
in sub-paragraph (a) omit “or another resolution authority”;
b
in sub-paragraph (b) for “any EEA State in which a group entity conducts business” substitute “the United Kingdom”.