Schedule 4, paragraph 8
FSA 2021
Financial Services Act 2021 · United Kingdom
In Article 283 (permission to use the Internal Model Method), for paragraph 4 substitute— For all OTC derivative transactions, and for long settlement transactions for which an institution has not received permission under paragraph 1 to use the IMM, the institution shall use the methods set out in Section 3. Those methods may be used in combination on a permanent basis within a group.
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Source: legislation.gov.uk · retrieved 2026-09-04