On Jan. 6, IRE GVT issued rules on capital requirements regulation.
IRE GVT European Union (capital requirements) (no. 2) (amendment) regulation 2020.
Follows IRE GVT Jan. 2020 issued rules on capital requirements directive, see #94904.
Purpose
Give further effect to regulation 575/2013, as amended by regs 2019/876, 2020/873.
Amended European Union (capital requirements) regulations 2014, StIn 159/2014.
Regarding prudential rules for banks, building societies and investment firms.
Effectiveness
These Regulations come into operation on Dec. 28, 2020.
Dec. 2024 Amendment Regulations
On Dec. 11, 2024, IRE GVT issued the European Union (capital requirements) (no. 2) (amendment) regulations 2024 (StIn 682/2024); comes into operation Jan. 1, 2025.
Includes updated definition of Capital requirements regulation under the EU (capital requirements) (no. 2) regulations 2014 (StIn 159/2014) (principal regulations).
This definition also amended under the Central Bank Act 1942, Taxes Consolidation Act 1997; Criminal Justice (Money Laundering and Terrorist Financing) Act 2010.
European Communities (Electronic Money) Regulation 2011; European Union (Capital Requirements) Regulations 2014; European Union (Bank Recovery and Resolution) Regulations 2015; European Union (Deposit Guarantee Schemes) Regulations 2015,
Additionally, the definition of Regulation (EU) No 575/2013 has beenamended under the European Union (payment services) regulations 2018.
