X1PART NINE Regulations, enhanced prudential measures and technical standards
Article 457 Technical adjustments and corrections
F1The Treasury may by regulations make technical adjustment and corrections of non-essential elements in the following provisions in order to take account of developments in new financial products or activities, to make adjustments taking into account developments F2after IP completion day in the law of the United Kingdom, or any part of it, on financial services and accounting F3including UK-adopted international accounting standards:
- (a)
the own funds requirements for credit risk laid down in F4Articles 111 to 127, 129 to 131, 133, 134, 143 to 151, 153 to 157 and 159 to 191;
- (b)
the effects of credit risk mitigation in accordance with Articles 193 to 241;
- (c)
F5the own funds requirements for securitisation laid down in Articles 242 to 270a;
- (d)
the own funds requirements for counterparty credit risks in accordance with Articles 272 F6and 283 to 299;
- (e)
the own funds requirements for operational risk laid down in F7Articles 315 and 317 to 324;
- (f)
the own funds requirements for market risk laid down in Articles 325 to 377;
- (g)
the own funds requirements for settlement risk laid down in Articles 378 and 379;
- (h)
the own funds requirements for credit valuation adjustment risk laid down in Articles 383, 384 and 386;
- (i)
Part Two F8... only as a result of developments in accounting standards or requirements which take account of F9the law of the United Kingdom, or any part of it.