http://www.legislation.gov.uk/ukdsi/2014/9780111123706/regulation/1

The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014

en

King's Printer of Acts of Parliament

2016-03-09

BANKS AND BANKING

2015-01-01

These Regulations are made under the Banking Act 2009 (c. 1) (“the Act”), as amended by the Financial Services (Banking Reform) Act 2013 (c. 33) (which introduced a new stabilisation power, the power to make special bail-in provision). They also implement, in part, Directive 2014/59/EU of the European Parliament and of the Council of 15th May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms (OJ L173, 12.6.2014, p.190) (“the recovery and resolution directive”).