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Home > Prudential Regulation Authority > Implementing CRD IV: capital buffers - PS 3/14
 

Implementing CRD IV: capital buffers - PS 3/14

30 April 2014
Background

In CP 5/13, the PRA set out proposals for implementing the Capital Requirements Directive (CRD) provisions on capital buffers.  The PRA’s rules on the CRD buffers were not included in its statement, Strengthening capital standards: implementing CRD IV, feedback and final rules - PS 7/13 as HM Treasury first needed to designate the authorities responsible for the buffers.  
 
The designation is now made so the PRA publishes its rules and supervisory statements to implement the CRD provisions on capital buffers in the UK for banks, building societies and PRA designated investment firms. The PRA’s rules and supervisory statement do not apply to investment firms supervised by the Financial Conduct Authority (FCA). Such firms should refer to the FCA website for the applicable rules and guidance.

Policy Statement

Implementing CRD IV: capital buffers - PS 3/14 
 
 
 
 
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