The 2026 Regulations continue temporary provisions that allow credit institutions flexibility in meeting prudential capital requirements when dealing with central counterparties, building on successive extensions made since 2022. These transitional measures modify how the UK applies capital requirements rules originally set out in EU Regulation 575/2013. The extension maintains relief for financial institutions during a period of ongoing adjustment to post-Brexit regulatory arrangements for counterparty risk management.
Source: legislation.gov.uk – Read the original