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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2022 - onwards
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Article 107 Interpretation of Chapter 1

In this Chapter -

"measure for early intervention" means a relevant measure which may be taken by the PRA or FCA in exercise of its powers under FSMA with the object of addressing the conditions for early intervention;

"relevant institution" means an institution which is authorised by the PRA or FCA and is not part of a group subject to supervision on a consolidated basis in accordance with the capital requirements regulation and CRR rules;

"relevant measure" means a measure - (a) requiring an institution to - (i) implement one or more of the arrangements or measures set out in the recovery plan; or (ii) review and (if appropriate) amend a recovery plan in accordance with article 33 when the circumstances that led to early intervention are different from the assumptions set out in the initial recovery plan and implement one or more of the arrangements or measures set out in the updated plan within a specified timeframe and to ensure that the conditions referred to in the intro

Comparing proposed amendment...