(1) In regulation 16 -

(a) paragraph (5) is omitted;

(b) in paragraph (7), omit sub-paragraphs (c), (d) and (e).

(2) In regulation 17, in paragraph (2), omit sub-paragraphs (a) and (b).

(3) In regulation 20 -

(a) omit paragraph (2);

(b) after paragraph (5), insert -

"(6) The FCA may make technical standards specifying -

(a) what additional measures are required from credit institutions and financial institutions under paragraph (4); and

(b) the minimum action to be taken by credit institutions and financial institutions where paragraph (4) applies.".

(4) Omit regulation 22.