| Guvnor

Enforced by: PRA
Status: In Force

What it defines

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

Part 1

Introductory Provisions

0 of 2 sections shown

2 other sections in this Part — procedural and definitional

s.001 Citation, commencement and extent

s.002 Interpretation

Part 2

Countercyclical Capital Buffer

0 of 11 sections shown

11 other sections in this Part — procedural and definitional

s.003 Interpretation of Part 2

s.004 Use of buffer rates to determine institution-specific countercyclical capital buffers

s.005 Countercyclical capital buffer rate

s.006 Date from which changes to the buffer rate apply

s.007 Announcement of changes to the buffer rate

s.008 Buffer rate rules

s.009 Buffer rates for exposures outside the UK

s.010 Buffer rates: integer multiples of 0.25%

s.011 Date of application of buffer rates

s.012 Announcement of changes to buffer rates

s.013 Application of the buffer rate to holding companies

Part 3

O-SIIs and O-SII Buffers

0 of 9 sections shown

9 other sections in this Part — procedural and definitional

s.014 Interpretation of Part 3

s.015 Duty of PRA to identify O-SIIs

s.016 Power for the PRA to require an O-SII buffer to be maintained

s.017 O-SII buffer rates: the FPC framework

s.018 Determination by PRA of buffer rates for individual relevant O-SII

s.019 Date of application

s.020 Calculation of buffer

s.021 Publication: United Kingdom buffer rates

s.022 Review

Part 4

Transitional Provisions

0 of 1 section shown

1 other section in this Part — procedural and definitional

s.023 Savings for buffer rates set or recognised before 31st July 2025

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.