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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2022 - onwards
Version 8 of 8

Regulation 2 Interpretation

(1) In these Regulations -

"the Bank" means the Bank of England;

"capital conservation buffer" means - (a) in relation to a PRA-authorised person, the capital conservation buffer that the person must calculate in accordance with Chapter 2 of the Capital Buffers Part of the PRA rulebook; (aa) in relation to a parent financial holding company and a parent mixed financial holding company, a capital conservation buffer the holding company must calculate in accordance with Chapter 2 of the Capital Buffers Part of the PRA Rulebook (b) [deleted];

"the capital requirements regulation" means Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012, as it forms part of domestic law by virtue of section 3 of the European Union (Withdrawal) Act 2018, and as amended from time to time thereafter;