(1) The Bank is responsible for all functions of the competent authority for central counterparties imposed by the EMIR regulation, including -
(a) functions under Title 2 (clearing, reporting and risk mitigation of OTC derivatives);
(b) functions under Title 3 (authorisation and supervision of central counterparties) and in particular Articles 22 and 25;
(c) functions under Title 4 (requirements for central counterparties);
(d) functions under Title 5 (interoperability arrangements);
(e) [deleted]
(f) [deleted]
(g) supervision of the obligations imposed on central counterparties by that Regulation.
(2) [deleted]
(3) The FCA is responsible for all functions of the competent authority for financial counterparties, non-financial counterparties and trading venues imposed by the EMIR regulation, including -
(a) except where paragraph (8)(a) applies, supervision of the obligations imposed on financial counterparties, non-financial counterparties and trading venues by Title 2;
(b) considerin
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