The Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) Regulations 2015

Made: 12th January 2015

Laid before Parliament: 13th January 2015

Coming into force in accordance with paragraphs

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Citation and commencement

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Amendments to the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014.

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Signed

David Evennett — Harriet Baldwin — Two of the Lords Commissioners of Her Majesty’s Treasury — 12th January 2015

Explanatory note

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Footnotes

[^f00001]: S.I. 2012/1759.

[^f00002]: 1972 c.68. Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c.51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c.7). By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c.51), regulations may be made under s2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (Cm 2183).

[^f00003]: S.I. 2014/894.

[^f00004]: OJ no. L176, 27.6.2013, p.338.

[^f00005]: “FSMA” is defined in regulation 2(1) of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 to mean the Financial Services and Markets Act 2000 (c. 8). Section 142A was inserted by section 4(1) of the Financial Services (Banking Reform) Act 2013 (c. 33).

[^f00006]: 1986 c. 53, to which there are amendments not relevant to this regulation.

[^f00007]: The definition of “deferred share” was amended by S.I. 2001/2617. The definitions of “deposit” and “share” were inserted by section 43 of, and paragraphs 53(1)(g) and (n) of Schedule 7 to, the Building Societies Act 1997 (c. 32).

[^f00008]: Section 7 has been amended by section 8 of the Building Societies Act 1997, sections 1(1) and 6(2) of the Building Societies (Funding) and Mutual Societies (Transfers) Act 2007 (c.26), sections 138 and 148(2) of, and Schedule 9 to, the Financial Services (Banking Reform) Act 2013 (cc.33), S.I. 2001/2617 and S.I. 2013/496.

[^f00009]: OJ no. L176, 27.6.2013, p1.

[^f00010]: “Sub-consolidated basis” and “consolidated basis” are defined in points 49 and 48 respectively of Article 4(1) of the capital requirements regulation. These definitions apply for the purposes of these regulations by virtue of regulation 2(2)(a) of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014.

[^f00011]: This correspondence is defined in regulation 34C as a “mapping”.

[^f00012]: “Institution” is defined in Article 4(1)((3) of the capital requirements regulations. This definition is applied for the purposes of these Regulations by regulation 2(2)(a) of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014.

Editorial notes

[^key-54c57e35e8804c6ef918e3eb284b54ca]: Regulations revoked (1.1.2024) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 5 (with s. 1(4)); S.I. 2023/1382, reg. 3(e), Sch. Pt. 4