Article 29 Submission of Application by the Institution to Reduce Own Funds Pursuant to Article 77(1) of the CRR
1.
An institution shall submit an application for prior permission, including general prior permission, to the PRA before taking an action referred to in Article 77(1) of the CRR.
[Note: This rule corresponds to Article 29(1) of Part 2 of Regulation (EU) No 241/2014 as it applied immediately before revocation by the PRA.]
- 01/01/2023