The Capital Requirements Regulation (Amendment) Regulations 2021

Chapter 2 of Title I of Part Two (own funds and eligible liabilities): Common Equity Tier 1 capital

This section has no associated Explanatory Memorandum

5.—(1) Chapter 2 of Title I of Part Two (Common Equity Tier 1 capital) is amended as follows.

(2) Omit Article 36(1) (deductions from Common Equity Tier 1 items).

(3) Omit Article 41(2)(2) (deduction of defined benefit pension fund assets).

(1)

Article 36 was amended by S.I. 2018/1401 and 2019/1232 and is prospectively amended by paragraph 47 of Schedule 1 to the Financial Services Act 2021.

(2)

Article 41 was amended by S.I. 2018/1401 and is prospectively amended by paragraph 47 of Schedule 1 to the Financial Services Act 2021.