Prudential Regulation Authority Rulebook

14.1

The following provisions in the Transitional Measures Part of the PRA Rulebook apply to third country branch undertakings with the modifications set out in 14.2:

1. (1) Transitional Measures 1.2
2. (2) Transitional Measures 3.1;
3. (3) Transitional Measures 3.3;
4. (4) Transitional Measures 4 to 7; and
5. (5) Transitional Measures 10 to 12.

14.2

The modifications referred to in 14.1 are:

1. (1) any modification set out in this Part to any Parts referred to in the Transitional Measures Part of the PRA Rulebook;
2. (2) the modifications set out in 10.2;
3. (3) any reference to “pre-Solvency II MCR” is to be interpreted as a reference to pre-Solvency II branch MCR; and
4. (4) any other necessary modification.