Treatment of Overseas Investment Exchanges for the purposes of the Capital Requirements Regulation
How the Government is amending the prudential treatment of overseas investment exchanges for the purposes of the Capital Requirements Regulation (CRR).
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- In 2022, HM Treasury consulted on the prudential treatment of overseas exchanges and proposed linking the definition of “recognised exchanges” in the Capital Requirements Regulation (CRR) to the Recognised Overseas Investment Exchange (ROIE) regime.
- Having considered the feedback received through its consultation, HM Treasury is adding a link to the ROIEs regime as initially proposed.
- In addition, the CRR definition will refer to a set of conditions that will come to be specified in the PRA rulebook for the purpose of identifying recognised exchanges or assets traded on such exchanges.
- The PRA will formulate new rules for the purposes of identifying recognised exchanges in due course.