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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 9 June 2021 - onwards
Version 2 of 2

4. CRR Basel standards

(1) For the purposes of section 3, "CRR Basel standard" means -

(a) a standard recommended in a document issued by the Basel Committee on Banking Supervision listed in subsection (2), or

(b) a standard recommended in another document issued by that Committee where the recommended date for implementation of the standard falls on or before the date described in subsection (3), subject to subsection (4).

(2) The documents referred to in subsection (1)(a) are the documents entitled (and issued) as follows -

(a) Capital requirements for banks' equity investments in funds (December 2013);

(b) The standardised approach for measuring counterparty credit risk exposures (March 2014);

(c) Capital requirements for bank exposures to central counterparties (April 2014);

(d) Supervisory framework for measuring and controlling large exposures (April 2014);

(e) Basel III: the net stable funding ratio (October 2014);

(f) Revised Pillar 3 disclosure requirements (January 2015);