(1) The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 [S.I. 2001/2188.] are amended as follows.

(2) In regulation 2 [There are amendments to regulation 2 which are not relevant to these Regulations.], insert at the appropriate places -

""capital requirements directive information" means confidential information received by the PRA -

(a) before IP completion day in the course of discharging its functions as the competent authority under the capital requirements directive;

(b) after IP completion day in the course of exercising its functions in or under the Act or retained EU law which functions are equivalent to the functions as the competent authority set out in the capital requirements directive;";

""PRA worker" means -

(a) a person who is or has been employed by the PRA; or

(b) an auditor or expert instructed by the PRA;".

(3) In regulation 9 [Paragraph (4) was inserted by S.I. 2010/2628 and substituted by S.I. 2013/3115. A further substitution by S.I. 2019/681 comes into force on IP completion day. There are other amendments to regulation 9 which are not relevant to these Regulations.], after paragraph (4), insert -