The Capital Buffers and Macro-prudential Measures Regulations 2025
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Change 1
19 Date of application
(1) Where the PRA sets a buffer rate for a relevant O-SII under regulation 18, the PRA must decide the date from which the relevant O-SII must apply that rate in the calculation of its O-SII buffer. (2) Where the PRA has set a buffer rate for a relevant O-SII under regulation 18 and determines that a buffer rate is no longer to be set for the relevant O-SII under that regulation, the PRA must decide the date from which the buffer rate ceases to have effect.
19 Date of application
(1) Where the PRA sets a buffer rate for a relevant O-SII under regulation 18, the PRA must decide the date from which the relevant O-SII must apply that rate in the calculation of its O-SII buffer. (2) Where the PRA has set a buffer rate for a relevant O-SII under regulation 18 and determines that a buffer rate is no longer to be set for the relevant O-SII under that regulation, the PRA must decide the date from which the buffer rate ceases to have effect.
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