Exiting The European Union PART 1 Introduction Citation and commencement 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interpretation 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART 2 Amendment of secondary legislation: European Communities Act 1972 2008 Regulations 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2013 Regulations 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2013 Reporting Regulations 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2014 Regulations 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART 3 Amendment of secondary legislation: European Union (Withdrawal) Act 2018 CHAPTER 1 Amendment of 2008 Regulations Amendments to the Regulated Covered Bonds Regulations 2008 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 2 (eligible property) 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 41 (notification of the Commission) 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAPTER 2 Amendment of 2013 Regulations Amendments to the Capital Requirements Regulations 2013 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 2 (interpretation) 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 2A (insertion of new paragraph) 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 4 (main provisions) 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 5 (capital buffers and Article 458 of the capital requirements regulation) 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulations 6 (co-operation within the European System of Financial Supervision) to 17 (Duties to notify EBA and EIOPA) 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulations 18 (general disclosures required of PRA and FCA) to 19 (specific disclosures required of the PRA and FCA) 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 20 (determination of the consolidating supervisor) 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 21 (assessment of equivalent of consolidated supervision by supervisory authorities in non-EEA states) 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulations 22 (co-ordination and co-operation arrangements) to 33 (colleges of supervisors) 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 34 (supervisory powers: own funds) 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulations 34A and 34B (insertion of new paragraphs) 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 35 (specific liquidity requirements) 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 35A (insertion of new paragraphs) 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 36 (employee remuneration) 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 37 (diversity practices) 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 38 (consultation with the EBA) 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 39 (meaning of “permission” and “protected item” in this part) 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 45 (misleading the PRA or FCA) 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAPTER 3 Amendment of the 2013 Reporting Regulations Amendments to the Capital Requirements (Country-by-Country Reporting) Regulations 2013 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 1 (citation, commencement and interpretation) 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 2 (ongoing reporting obligation) 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 3 (interim reporting obligation) 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 5 (prior disclosure: prevention of duplication) 33 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAPTER 4 Amendment of the 2014 Regulations Amendments to the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 2 (interpretation) 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 6 (exemption for small and medium-sized investment firms) 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chapter 1, Part 3 (designated authority and interpretation) 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 7 (designated authority) 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 8 (meaning of “UK institution”) 39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 9 (the buffer guide) 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 10 (countercyclical buffer rate) 41 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 12 (announcement of changes to the buffer rate) 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 12A (insertion of new paragraph) 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 14 (buffer rates for EEA exposures) 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 15 (buffer rates for exposures outside the EEA) 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 17 (date of application of buffer rates) 46 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 18 (announcement of changes to buffer rates) 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 19A (institution-specific countercyclical capital buffer and holding companies) 47A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 20 (exemption for small and medium-sized investment firms) 48 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 21 (designated authority) 49 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 22 (G-SIIs: location and nature) 50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 23 (identification methodology) 51 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 24 (sub-categories of G-SII and corresponding buffer rates) 52 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 25 (re-allocation in exercise of sound supervisory judgment) 52A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 26 (notification, publication and review) 53 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 27 (Appeals) 53A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 28 (transitional provision: 1 st January 2016 to 31 st December 2019) 54 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 29 (designated authority) 55 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 30 (O-SIIs: location and nature) 56 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 31 (identification of O-SIIs) 57 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 32 (notification, publication and review) 58 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 33 (Appeals) 58A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Regulation 34 (no requirement to maintain an O-SII buffer) 59 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Part 5A (Systemic Risk Buffer) 60 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Combined buffer requirement 60A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PART 4 Amendment of retained direct EU legislation CHAPTER 1 Amendment of the Capital Requirements Regulation Amendments to the Capital Requirements Regulation 61 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 1 (scope) 62 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 2 (supervisory powers) 63 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 4(1) (definitions) 64 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 4(2) (definitions) 65 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 4A and 4B (insertion of new paragraphs) 66 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 6 (general principles) 67 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 7 (derogation from the application of prudential requirements on an individual basis) 68 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 8 (derogation from the application of liquidity requirements on an individual basis) 69 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 9 (individual consolidation method) 70 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 10 (waiver for credit institutions permanently affiliated to a central body) 71 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 11 (general treatment) 72 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 13 (application of disclosure requirements on a consolidated basis) 73 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 14 (application of requirements of Part Five on a consolidated basis) 74 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 15 (derogation from the application of own funds requirements on a consolidated basis for groups of investment firms) 75 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 17 (supervision of investment firms waived from the application of own funds requirements on a consolidated basis) 76 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 18 (methods for prudential consolidation) 77 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 19 (entities excluded from the scope of prudential consolidation) 78 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 20 (joint decisions on prudential requirements) 79 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 21 (joint decisions on the level of application of liquidity requirements) 80 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 23 (undertakings in third countries) 81 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 26 (Common Equity Tier 1 items) 82 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 27 (capital instruments of mutual, cooperative societies, savings institutions or similar institutions in Common Equity Tier 1 items) 83 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 28 (Common Equity Tier 1 instruments) 84 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 29 (capital instruments issued by mutuals, cooperative societies, savings institutions and similar institutions) 85 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 31 (capital instruments subscribed by public authorities in emergency situations) 86 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 33 (cash flow hedges and changes in the value of own liabilities) 87 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 36 (deductions from Common Equity Tier 1 items) 88 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 38 (deduction of deferred tax assets that rely on future profitability) 89 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 39 (tax overpayments, tax loss carry backs and deferred tax assets that do not rely on future profitability) 90 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 49 (requirement for deduction where consolidation, supplementary supervision or institutional protection schemes are applied) 91 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 52 (additional Tier 1 instruments) 92 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 77 (conditions for reducing own funds) 93 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 78 (supervisory permission for reducing own funds) 94 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 80 (continuing review of quality of own funds) 95 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 81 (minority interests that qualify for inclusion in consolidated Common Equity Tier 1 capital) 96 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 82 (qualifying Additional Tier 1, Tier 1, Tier 2 capital and qualifying own funds) 97 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 84 (minority interests included in consolidated Common Equity Tier 1 capital) 98 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 85 (qualifying Tier 1 instruments included in consolidated Tier 1 capital) 99 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 87 (qualifying own funds included in consolidated own funds) 100 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 89 (risk weighting and prohibition of qualifying holdings outside the financial sector) 101 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 91 (exceptions) 102 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 95 (own funds requirements for investment first with limited authorisation to provide investment services) 103 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 96 (own funds requirements for investment firms which hold initial capital) 104 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 97 (own funds based on fixed overheads) 105 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 98 (own funds for investment firms on a consolidated basis) 106 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 99 (reporting on own funds requirements and financial information) 107 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 100 (additional reporting requirements) 108 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 101 (specific reporting requirements) 109 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 107 (approaches to credit risk) 110 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 113 (calculation of risk weighted exposure amounts) 111 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 114 (exposures to central governments or central banks) 112 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 115 (exposures to regional governments or local authorities) 113 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 116 (exposures to public sector entities) 114 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 117 (exposures to multilateral development banks) 115 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 118 (exposures to international organisations) 116 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 119 (exposures to institutions) 117 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 123 (retain exposures) 118 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 124 (exposures secured by mortgages on immovable property) 119 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 125 (exposures fully and completely secured by mortgages on residential property) 120 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 126 (exposures fully and completely secured by mortgages on commercial immovable property) 121 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 128 (items associated with particular high risk) 122 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 129 (exposures in the form of covered bonds) 123 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 132 (exposures in the form of units or shares in CIUs) 124 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 134 (other items) 125 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 135 (use of credit assessments by ECAIs) 126 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 138 (general requirements) 127 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 142 (definitions) 128 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 150 (conditions for permanent partial use) 129 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 154 (risk weighted exposure amounts for retail exposures) 130 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 160 (probability of default) 131 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 162 (maturity) 132 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 164 (loss given default) 133 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 178 (default of an obligor) 134 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 192 (definitions) 135 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 197 (eligibility of collateral under all approaches and methods) 136 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 199 (additional eligibility for collateral under the IRB Approach) 137 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 201 (eligibility of protection providers under all approaches) 138 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 202 (eligibility of protection providers under the IRB Approach which qualify for the treatment set out in Article 153(3)) 139 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 212 (requirements for other funded credit protection) 140 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 224 (supervisory volatility adjustment under the Financial Collateral Comprehensive Method) 141 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 227 (conditions for applying a 0% volatility adjustment under the Financial Collateral Comprehensive Method) 142 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 229 (valuation principles for other eligible collateral under the IRB approach) 143 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 230 (calculating risk-weighted exposures amounts and expected loss amounts for other eligible collateral under the IRB Approach) 144 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 277 (transactions with a linear risk profile) 145 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 290 (stress testing) 146 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 292 (integrity of the modelling process) 147 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 295 (recognition of contractual netting as risk-reducing) 148 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 296 (recognition of contractual netting agreements) 149 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 299 (items in the trading book) 150 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 311 (own funds requirements for exposures to CCPs that cease to meet certain conditions) 151 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 312 (permission and notification) 152 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 315 (own funds requirement) 153 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 316 (relevant indicator) 154 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 317 (own funds requirement) 155 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 323 (impact of insurance and other risk transfer mechanisms) 156 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 325 (allowances for consolidated requirements) 157 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 327 (netting) 158 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 329 (options and warrants) 159 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 336 (own funds requirements for non-securitisation debt instruments) 160 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 340 (duration-based calculation of general risk) 161 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 344 (stock indices) 162 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 349 (general criteria for CIUs) 163 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 354 (closely correlated currencies) 164 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 365 (VaR and stressed VaR calculation) 165 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 372 (requirement to have an internal IRC model) 166 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 377 (requirements for an internal model for correlation trading) 167 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 382 (scope) 168 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 383 (advanced method) 169 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 391 (definition of an institution for large exposures purposes) 170 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 395 (limits to large exposures) 171 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 396 (compliance with large exposures requirements) 172 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 400 (exemptions) 173 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 402 (exposures arising from mortgage lending) 174 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 411 (definitions) 175 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 412 (liquidity coverage requirements) 176 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 177 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 413 (stable funding) 178 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 416 (reporting on liquid assets) 179 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 419 (currencies with constraints on the availability of liquid assets) 180 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 420 (liquidity outflows) 181 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 421 (outflows on retail deposits) 182 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 422 (outflows on other liabilities) 183 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 424 (outflows from credit and liquidity facilities) 184 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 425 (inflows) 185 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 427 (items providing stable funding) 186 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 428 (items requiring stable funding) 187 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 429 (calculation of the leverage ratio) 188 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 430 (reporting requirement) 189 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 432 (non-material, proprietary or confidential information) 190 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 433 (frequency of disclosure) 191 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 436 (scope of application) 192 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 438 (capital requirements) 193 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 440 (capital buffers) 194 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 441 (indicators of global systemic importance) 195 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 443 (unencumbered assets) 196 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 444 (use of ECAIs) 197 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 450 (remuneration policy) 198 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 452 (use of the IRB Approach to credit risk) 199 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Heading of Part 9 200 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 458 (macroprudential or systemic risk identified at the level of a Member State) 201 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 462 (exercise of the delegation) 202 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 463 (objections to regulatory technical standards) 203 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 464 (European Banking Committee) 204 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 464A and 464B (insertion of new paragraphs) 205 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 473a (introduction of IFRS 9) 206 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 483 (grandfathering of State aid instruments) 207 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 484 (eligibility for grandfathering of items) 208 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 485 (eligibility for inclusion in Common Equity Tier 1) 209 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 493 (transitional provisions for large exposures) 210 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 497 (own funds requirements for exposures to CCPs) 211 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 498 (exemption for Commodities dealers) 212 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 501 (capital requirements deduction for credit risk on exposures to SMEs) 213 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 501c to 519b (reports and reviews) 214 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 521 (entry into force and date of application) 215 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 522 (insertion of new paragraph) 216 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annex I (classification of off-balance sheet items) 217 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annex II (types of derivative) 218 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annex III (items subject to supplementary reporting of liquid assets) 219 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAPTER 2 Amendment of Capital Requirements Regulation to transfer powers to the Treasury General transfer of powers to the Treasury 220 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Specific transfer of powers to the Treasury 221 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAPTER 3 Amendment of Capital Requirements Regulation to transfer powers to the FCA and PRA European Supervisory Authorities' functions in the Capital Requirements Regulation transferred to both the FCA and PRA 222 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . European Supervisory Authorities' functions in the Capital Requirements Regulation transferred to only the PRA 223 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other functions transferred 224 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Amendment to use of term “competent authorities” 225 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAPTER 4 Amendment of Liquidity Commission Delegated Regulation Amendments to the Liquidity Commission Delegated Regulation 226 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 2 (scope and application) 227 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 3 (definitions) 228 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 4 (the liquidity coverage ratio) 229 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 7 (general requirements for liquid assets) 230 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 8 (operational requirements) 231 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 10 (level 1 assets) 232 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 11 (level 2A assets) 233 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 12 (level 2B assets) 234 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 16 (deposits and other funding in cooperative networks and institutional protection schemes) 235 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 19 (alternative liquidity approaches) 236 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 23 (additional liquidity outflows for other products and services) 237 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 24 (outflows from stable retail deposits) 238 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 25 (outflows from other retail deposits) 239 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 26 (outflows with inter-dependent inflows) 240 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 27 (outflows from operational deposits) 241 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 28 (outflows from other liabilities) 242 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 29 (outflows within a group or an institutional protection scheme) 243 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 30 (additional outflows) 244 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 31 (outflows from credit and liquidity facilities) 245 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 32 (inflows) 246 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 33 (cap on inflows) 247 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 34 (inflows within a group or an institutional protection scheme) 248 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 35 (grandfathering of Member State-guaranteed bank assets) 249 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 36 (transitional provision for Member State-sponsored impaired asset management agencies) 250 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final provision 251 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAPTER 5 Amendment of G-SII Commission Delegated Regulation Amendments to the G-SII Commission Delegated Regulation 252 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Article 3 (common parameters for the methodology) 253 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Final provision 254 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .