Regulation 34ZF Publication: United Kingdom buffer rates
(1) Where the PRA sets a buffer rate for a relevant O-SII under regulation 34ZC, the PRA must publish the following information -
(a) the relevant O-SII to which the buffer rate applies;
(b) the buffer rate;
(c) the justification for setting the buffer rate;
(d) the date from which the relevant O-SII must apply the buffer rate;
(e) the level of consolidation to be used in the calculation of the O-SII buffer (as determined under Step 1 of regulation 34ZC(2)); and
(f) the fact that the O-SII buffer applies to exposures located anywhere in the world.
(2) Where the PRA determines that a buffer rate is no longer to be set for a relevant O-SII under regulation 34ZC, the PRA must publish the following information -
(a) the fact that the buffer rate is no longer set;