The Capital Buffers and Macro-prudential Measures Regulations 2025
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
15 Duty of PRA to identify O-SIIs
(1) The PRA must identify O-SIIs in accordance with this regulation. (2) An O-SII must be— (a) a person with permission to carry on a regulated activity under Part 4A (permission to carry on regulated activities) of FSMA 2000, or (b) a person established in the United Kingdom. (3) An O-SII must also be— (a) part of a group, the parent undertaking of which is— (i) a UK parent institution, (ii) a UK parent financial holding company, or (iii) a UK parent mixed financial holding company, or (b) an institution. (4) In this regulation, “group” has the meaning given in section 421 (group) of FSMA 2000.
15 Duty of PRA to identify O-SIIs
(1) The PRA must identify O-SIIs in accordance with this regulation. (2) An O-SII must be— (a) a person with permission to carry on a regulated activity under Part 4A (permission to carry on regulated activities) of FSMA 2000, or (b) a person established in the United Kingdom. (3) An O-SII must also be— (a) part of a group, the parent undertaking of which is— (i) a UK parent institution, (ii) a UK parent financial holding company, or (iii) a UK parent mixed financial holding company, or (b) an institution. (4) In this regulation, “group” has the meaning given in section 421 (group) of FSMA 2000.
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