SI 2024/923
Made 9th September 2024
Laid before Parliament 10th September 2024
Coming into force 29th November 2024
The Treasury make these Regulations in exercise of the powers conferred by Article 497(3) of Regulation (EU) 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation No 648/2012 [EUR 2013/575.] (the "Capital Requirements Regulation"), and by regulation 18(2) of the Central Counterparties (Amendment, etc, and Transitional Provision) (EU Exit) Regulations 2018 [S.I. 2018/1184.] (the "CCP Regulations").
The Treasury are satisfied that it is necessary and proportionate to extend the transitional provisions in paragraph 1 of Article 497 of the Capital Requirements Regulation in order to
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