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Guidance

Draft Financial Conglomerates and Other Financial Groups (Amendment) (EU Exit) Regulations 2018

Draft statutory instrument, which will make amendments to retained EU law related to the prudential treatment of financial conglomerates, to be laid under the EU (Withdrawal) Act.

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Details

This SI will make amendments to retained EU law related to the prudential treatment of financial conglomerates, to ensure that it continues to operate effectively in a UK context once the UK leaves the EU, in any scenario. The draft SI itself is provided, alongside an explanatory policy note. HM Treasury intends to lay this SI before Parliament before exit.

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