UK Statutory Instrument 2013 United Kingdom

Capital Requirements Regulations 2013

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Enforced by

PRA

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

Schedules

Browse 81 other Schedules — structural / supplementary
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In the table below— (a) the provisions specified in the...

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FSMA is amended as follows.

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In section 184 (disregarded holdings) — (a) for subsection (8)(a)...

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In section 186(b) (assessment criteria) after “the reputation”, insert “...

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In section 188 (assessment: consultation with EC competent authorities) in...

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In section 190(4)(b)(v) (requests for further information) for “banking consolidation...

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In section 191G(1) (interpretation) , in paragraph (a) of the...

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After section 194A (contravention by relevant EEA firm with UK...

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In section 199 — (a) for subsection (7) substitute—

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In section 301E (disregarded holdings) — (a) for subsection (8)(a)...

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In section 301M(1) (interpretation) in paragraph (a) of the definition...

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In section 313D (interpretation of part 18A) in paragraph (c)...

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In section 1H(8) (further interpretative provisions for sections 1B to...

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(1) Section 342 (information given by auditor or actuary to...

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(1) Section 343 (information given by auditor or actuary to...

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In section 391 (publication) , after subsection (4) insert—

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After section 391 insert— Publication: special provisions relating to certain...

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In section 417(1) (definitions) , at the appropriate places, insert—...

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In section 422 (controller) — (a) in subsection (5)(a)(v) for...

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In section 422A (disregarded holdings) — (a) for subsection (8)(a)...

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In section 425(1)(a) (expressions relating to authorisation elsewhere in the...

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In section 425A(7) (consumers: regulated activities etc carried on by...

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(1) Schedule 3 (EEA passport rights) is amended as follows....

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In section 3M (directions relating to consolidated supervision of groups)...

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In paragraph 8(6) of Schedule 11A (transferrable securities) for “Article...

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Superannuation Act 1972

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Consumer Credit Act 1974

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Judicial Pensions Act 1981

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Building Societies Act 1986

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In paragraph 23 of Schedule 2 to the Building Societies...

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Judicial Pensions and Retirement Act 1993

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Criminal Justice Act 1993

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Bank of England Act 1998

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For section 41 (general interpretation) substitute— General interpretation In this Act— “the Bank” means the Bank of England;...

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In section 39(8) (exemption of appointed representatives) for “banking consolidation...

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Terrorism Act 2000

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Proceeds of Crime Act 2002

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Companies Act 2006

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Banking (Special Provisions) Act 2008

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Counter-Terrorism Act 2008

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Banking Act 2009

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Credit Institutions (Protection of Depositors) Regulations 1995

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Cash Ratio Deposits (Eligible Liabilities) Order 1998

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Financial Markets and Insolvency (Settlement Finality) Regulations 1999

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Competition Act 1998 (Small Agreements and Conduct of Minor Significance) Regulations 2000

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In section 55J(6A) (variation or cancellation on initiative of regulator)...

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Competition Act 1998 (Determination of Turnover for Penalties) Order 2000

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Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

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Financial Services and Markets Act 2000 (Recognition Requirements for Investment Exchanges and Clearing Houses) Regulations 2001

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Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001

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Financial Services and Markets Act 2000 (Compensation Scheme: Electing Participants) Regulations 2001

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Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

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Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001

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Financial Services and Markets Act 2000 (Gibraltar) Order 2001

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Financial Services and Markets Act 2000 (Confidential Information) (Bank of England) (Consequential Provisions) Order 2001

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Uncertificated Securities Regulations 2001

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In section 55R (persons connected with an applicant) , after...

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Enterprise Act 2002 (Merger Fees and Determination of Turnover) Order 2003

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Financial Collateral Arrangements (

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Conduct of Employment Agencies and Employment Businesses Regulations 2003

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Credit Institutions (Reorganisation and Winding Up) Regulations 2004

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Financial Conglomerates and Other Financial Groups Regulations 2004

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Building Societies Act 1986 (Modification of the Lending Limit and Funding Limit Calculations) Order 2004

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Gambling (Operating Licence and Single-Machine Permit Fees) Regulations 2006

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Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007

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Money Laundering Regulations 2007

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Regulated Covered Bonds Regulations 2008

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In section 55Z2 (notification of EBA) —

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Payment Services Regulations 2009

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Banking Act 2009 (Restriction of Partial Property Transfers) Order 2009

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Financial Services and Markets Act 2000 (Controllers) (Exemption) Order 2009

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Provision of Services Regulations 2009

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Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010

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Electronic Money Regulations 2011

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Recognised Auction Platforms Regulations 2011

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Financial Services and Markets Act 2000 (Prescribed Financial Institutions) Order 2013

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Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013

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Bank of England Act 1998 (Macro-prudential Measures) Order 2013

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After section 55Z2 insert— Notification of the European bodies A regulator must notify the European Commission and the European...

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Alternative Investment Fund Managers Regulations 2013

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In section 86(10)(a) (exempt offers to the public) for “banking...

Browse 52 other sections — procedural / definitional / commencement
s.001

Citation, commencement and expiry

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Interpretation

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Interpretation: regulators' rules

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Capital Requirements Regulations 2006: revocation

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Main provisions of the capital requirements regulation and Directive 2013/36/EU UK law

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Capital buffers and Article 458 of the capital requirements regulation

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Co-operation within the European System of Financial Supervision

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Co-operation with EBA

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Information gathering, planning and co-ordination duties

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Requirement to consult other competent authorities: major sanctions or exceptional measures

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Emergency situations: notification requirements

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Collaboration concerning supervision of cross-border institutions

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On-the-spot checks and inspections: during CRD transitional period

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On-the-spot checks or inspections: after CRD transitional period

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On-the-spot checks and inspections: powers of EEA competent authorities

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Significant branches: UK is the host EEA State

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Significant branches: UK is the home EEA State or EEA consolidating supervisor

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Duties to notify EBA and EIOPA

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General disclosures required of PRA and FCA

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Specific disclosures required of PRA and FCA

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Determination of the consolidating supervisor

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Assessment of equivalence of consolidated supervision by supervisory authorities in third countries

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Co-ordination and co-operation arrangements

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Co-ordination of supervisory activities by the EEA consolidating supervisor

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The Bank's general duties

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Exchange of information

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Obtaining information already disclosed

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Verification of information by a competent authority in another EEA State

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Requirement to establish list of holding companies

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Joint decisions on own funds: PRA or FCA is the EEA consolidating supervisor

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Joint decisions on own funds: PRA or FCA is not the EEA consolidating supervisor

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Joint decision on liquidity: PRA or FCA is the EEA consolidating supervisor

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Joint decision on liquidity: PRA or FCA is not the EEA consolidating supervisor

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Colleges of supervisors

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Supervisory powers: own funds

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Supervisory review and evaluation process

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Ongoing review of the permission to use internal approaches

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Specific liquidity requirements

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Application of supervisory measures to institutions with similar risk profiles

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Supervisory powers

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Specific publication requirements

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Employee remuneration

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Diversity practices

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Consultation with EBA: supervisory benchmarking of internal approaches for calculation own funds requirements

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Meaning of “permission” and “protected item” in this Part

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Applications for permissions: process, information and documents

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Decisions: written notices

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Appeals

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Publication of written notices

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Transitional provision for matters done before commencement

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Misleading the PRA or FCA

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Amendments and revocations

Enforcement and responsible bodies

The regulators that administer or enforce this legislation.

PRA

Prudential Regulation Authority

Part of the Bank of England. Prudentially regulates and supervises around 1,292 banks, building societies, credit unions, insurers, and major investment firms. …

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