The Capital Requirements Regulation (Amendment) (EU Exit) Regulations 2021

These Regulations are made in exercise of the powers in section 8 of the European Union (Withdrawal) Act 2018. Now we have left the EU, these Regulations will ensure that the onshored Capital Requirements Regulation continues to operate effectively for UK investment firms until the introduction of the Investment Firms Prudential Regime (IFPR). To achieve that, these Regulations extend the dates of the provision exempting UK commodities dealers from specific prudential requirements until the IFPR applies to them on 1 January 2022.

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The comment section for this negative proposed SI will be open until 12 noon on 19 April 2021.

Review the full content of this Statutory Instrument

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