Schedule 2, Part 2, paragraph 41

Schedule 9 to the Proceeds of Crime Act 2002 (regulated sector and supervisory authorities) is amended as follows. In paragraph 1(1)(b) (business in the regulated sector) for “Banking Consolidation Directive” substitute “ Capital Requirements Regulation ” in both places where it appears. In paragraph 1(2)(a) for “Article 4(1) of the Banking Consolidation Directive” substitute “ Article 4(1)(1) of the Capital Requirements Regulation ”. In paragraph 1(2)(b) for “Article 4(3) of that Directive” substitute “ Article 4(1)(17) of that Regulation ”. In paragraph 3(1) (interpretation)— omit the definition of “the Banking Consolidation Directive”; and at the appropriate place insert— “the Capital Requirements Regulation” means Regulation (EU) No. 575/2013 of the European Parliament and of the Council

← 3 · All articles · 1 →

Source: legislation.gov.uk · retrieved 2026-09-04