BIPRU 11.1 Application and purpose

Pursuant to the third paragraph of article 95(2) of the UK CRR3, the2 purpose of BIPRU 11 is to apply requirements that correspond to:3

1. (1)
   1. (a)

      Article 68(3);

   2. (b)

      Article 72;

   3. (c)

      Articles 145 to 149; and

   4. (d)

      Annex XII;

   of the Banking Consolidation Directive; and

2. (2)
   1. (a)

      Article 2, in part;

   2. (b)

      Point 3 of Article 23, in part; and

   3. (c)

      Article 39;

   of the Capital Adequacy Directive.