2
Consolidation Requirements
2.1
Subject to 2.2, a firm must comply with all CRR consolidation requirements with which its UK parent financial holding company or UK parent mixed financial holding company would be required to comply if it was approved or designated under Part 12B FSMA for the purpose of ensuring that CRR requirements are applied on a consolidated basis.
- 31/12/2020
2.2
A firm is not required to comply with 2.1 if the PRA has approved or designated under Part 12B FSMA another undertaking within the firm’s consolidation group for the purpose of ensuring that CRR requirements are applied on a consolidated basis.
- 28/12/2020