The Financial Services and Markets Act 2023 (Capital Buffers and Macro-prudential Measures) (Consequential Amendments) Regulations 2025
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Change 1
6 Commission Delegated Regulation (EU) 241/2014
(1) Commission Delegated Regulation (EU) No 241/2014 of 7 January 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for own funds requirements for institutions is amended as follows. (2) In Article 10(3)(b) (limitations on redemption of capital instruments issued by mutuals, savings institutions, cooperative societies and similar institutions etc), for “combined buffer requirement as defined in regulation 2(1) of the Capital Requirements (Capital Buffers and Macroprudential Measures) Regulations 2014” substitute “combined buffer defined in the Capital Buffers Part of the PRA rulebook”. (3) In Article 29(3)(a)(2) (submission of application by the institution to carry out redemptions, reductions and repurchases for the purposes etc), for “combined buffer requirement as defined in regulation 2(1) of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014” substitute “combined buffer defined in the Capital Buffers Part of the PRA rulebook”.
6 Commission Delegated Regulation (EU) 241/2014
(1) Commission Delegated Regulation (EU) No 241/2014 of 7 January 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for own funds requirements for institutions is amended as follows. (2) In Article 10(3)(b) (limitations on redemption of capital instruments issued by mutuals, savings institutions, cooperative societies and similar institutions etc), for “combined buffer requirement as defined in regulation 2(1) of the Capital Requirements (Capital Buffers and Macroprudential Measures) Regulations 2014” substitute “combined buffer defined in the Capital Buffers Part of the PRA rulebook”. (3) In Article 29(3)(a)(2) (submission of application by the institution to carry out redemptions, reductions and repurchases for the purposes etc), for “combined buffer requirement as defined in regulation 2(1) of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014” substitute “combined buffer defined in the Capital Buffers Part of the PRA rulebook”.
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