Bank of England and Financial Services Act 2016

Financial Services and Markets Act 2000 (c. 8)

This section has no associated Explanatory Notes

34(1)Section 137K (rules about resolution packs) is amended as follows.

(2)In subsection (1), for paragraphs (a) and (b) substitute “the Treasury”.

(3)After subsection (1) insert—

(1A)The FCA must also consult the Bank of England.