UK legislation made to further clarify capital buffers framework

The UK Financial Services and Markets Act 2023 (Capital Buffers and Macro-prudential Measures) (Consequential Amendments) Regulations 2025 have been made and an explanatory memorandum published. The Regulations are part of the continued process to repeal and replace assimilated EU financial services law following Brexit. The Regulations make consequential amendments to UK legislation following the replacement as of 31 July by the new Capital Buffers and Macro-prudential Measures Regulations 2025 (S.I. 2025/653) of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 (S.I. 2014/894), which have been revoked. The Regulations amend existing UK legislation to replace references to the 2014 Capital Buffers Regulations with references to the Capital Buffers and Macroprudential Measures Regulations 2025. The Regulations will enter into force on 30 November.

Return to main website.