Part

Third Country Branches

Chapter

Transitional Measures

Printed on: 29/04/2024

Rulebook at: 02/05/2017

14

Transitional Measures

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.
  • 01/01/2016

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.
  • 01/01/2016