Prudential Regulation Authority Rulebook

3.1

In accordance with Article 6(4) and Article 11(3) of the CRR, a firm is exempt from complying with the obligations laid down in Title II and Title III of Part Six of the CRR on an individual basis and on a consolidated basis.

3.2

1. (1) A firm must comply with the reporting requirements laid down in Chapter 1 and Chapter 7 to Chapter 9 of the COREP Regulation with the exception of Article 15 as they apply to a credit institution supervised pursuant to the CRD.
2. (2) For the purpose of (1), a reference to Article 415 of the CRR in the COREP Regulation is construed as a reference to the obligations set out in (1).