This Regulation lays down rules specifying:
F1...
the criteria for the determination of the activities, services and operations referred to in [F2the definition of “critical functions” in section 3(1) of the Banking Act 2009 (including as applied by that Act in relation to persons other than a bank)];
the criteria for the determination of the business lines and associated services referred to in [F3the definition of “core business lines” in section 48B(14) of the Banking Act 2009 (including as applied in relation to other persons by that Act)].
F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Art. 1(a) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 5 para. 1(2)(a); 2020 c. 1, Sch. 5 para. 1(1)
F2Words in Art. 1(b) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 5 para. 1(2)(b); 2020 c. 1, Sch. 5 para. 1(1)
F3Words in Art. 1(c) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 5 para. 1(2)(c); 2020 c. 1, Sch. 5 para. 1(1)
F4Words in Art. 1 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 5 para. 1(2)(d); 2020 c. 1, Sch. 5 para. 1(1)