In regulation 21, in new regulation 34A(1), for sub-paragraphs (a) to (c), substitute -

"(a) in the case of the PRA -

(i) risks to which that institution is or might be exposed, and

(ii) risks revealed by stress testing, taking account of the nature, scale and complexity of that institution's activities;

(b) in the case of the FCA -

(i) the risks referred to in paragraph (a), and

(ii) the risks that institution poses to the UK financial system."