The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 No. 1394

SCHEDULE 3 U.K. Amendments of the Bank Recovery and Resolution (No.2) Order 2014

Assessment of recovery plan drawn up by an institution U.K.

7.—(1) Article 11 (application and interpretation of Chapter 1 of Part 4) is amended as follows.

(2) In paragraph (1)—

(a) in sub-paragraph (a) for “Article 111 of the capital requirements directive” substitute “ Part 6 of the Capital Requirements Regulations 2013 ”;

(b) in sub-paragraph (b) omit the words from “in accordance with” to the end.

Commencement Information

I1 Sch. 3 para. 7 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)