The Prudential Regulation of Credit Institutions (Meaning of CRR Rules and Recognised Exchange) (Amendment) Regulations 2024
Regulations 2 and 3 make amendments to primary legislation that are consequential on the revocation by section 1(1) of, and Schedule 1 to, the Financial Services and Markets Act 2023 (c. 29) (“FSMA 2023”) of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (“the Capital Requirements Regulation”). The amendments in regulations 2 and 3 are made under section 83 of FSMA 2023.
Lifecycle
Department
Made
21 Nov 2024
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In force
22 Nov 2024
Enabling power
A draft of these Regulations has been laid before, and approved by a resolution of, each House of Parliament in accordance with sections 3(10), 83(3) and 84(3) of that Act.
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