http://www.legislation.gov.uk/uksi/2018/1401/introduction/made

The Capital Requirements (Amendment) (EU Exit) Regulations 2018

King's Printer of Acts of Parliament

2019-01-03

EXITING THE EUROPEAN UNION

FINANCIAL SERVICES AND MARKETS

Save for Part 2, these Regulations are made in exercise of the powers in section 8(1) of the European Union (Withdrawal) Act 2018 (c. 16) in order to address failures of retained EU law to operate effectively and other deficiencies arising from the withdrawal of the United Kingdom from the European Union (and in particular, the deficiencies under paragraphs (b), (c), (e), (f) and (g) of section 8(2) of that Act). They amend the Regulated Covered Bonds Regulations 2008 (S.I. 2008/346), the Capital Requirements Regulation 2013 (S.I. 2013/3115), the Capital Requirements (Country-by-Country Reporting) Regulations 2013 (S.I. 2013/3118), and the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 (S.I. 2014/894). They also amend Regulation (EU) No 575/2013 on prudential requirements for credit institutions and investment firms, Commission Delegated Regulation (EU) 2015/61 supplementing Regulation (EU) No 575/2013 of the European Parliament and Council with regard to liquidity coverage requirement for Credit Institutions; and Commission Delegated Regulation (EU) 1222/2014 supplementing Directive 2013/36/EU of the European Parliament and the Council with regard to regulatory technical standards for the specification of the methodology for the identification of global systemically important institutions and for the definition of subcategories of global systemically important institutions.

The Capital Requirements (Amendment) (EU Exit) Regulations 2018

reg. 60

The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020

reg. 3

Sch.

para. 11(d)(i)

reg. 1

The Capital Requirements (Amendment) (EU Exit) Regulations 2018

reg. 60

The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020

reg. 3

Sch.

para. 11(d)(ii)

reg. 1

The Capital Requirements (Amendment) (EU Exit) Regulations 2018

reg. 86(a)

The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020

reg. 3

Sch.

para. 11(g)

reg. 1

The Capital Requirements (Amendment) (EU Exit) Regulations 2018

2018 No. 1401

Exiting The European Union

Financial Services And Markets

The Capital Requirements (Amendment) (EU Exit) Regulations 2018

Made19th December 2018

Coming into force in accordance with regulation 1

The Treasury are a government department1 designated for the purpose of section 2(2) of the European Communities Act 19722 in relation to financial services.

The Treasury, in exercise of the powers conferred by section 2(2) of the European Communities Act 1972, and section 8(1) of, and paragraph 21 of Schedule 7 to, the European Union (Withdrawal) Act 20183, make the following Regulations.

A draft of these Regulations has been approved by a resolution of each House of Parliament in accordance with paragraph 2(2) of Schedule 2 to the European Communities Act 1972 and paragraph 1(1) of Schedule 7 to the European Union (Withdrawal) Act 2018.