http://www.legislation.gov.uk/ukpga/2009/1/section/206Z2Banking Act 2009An Act to make provision about banking.texttext/xmlenStatute Law Database2026-02-20Expert Participation2026-01-19 Banking Act 2009s. 4(8A) (8B)Financial Services Act 2012s. 96(3)Sch. 20s. 122(3)Banking Act 2009s. 8(2)(d) and wordFinancial Services Act 2012s. 96(4)(b)Sch. 20s. 122(3) PART 5A206Z21At least once a year the Bank of England must make a report to the Treasury on—athe discharge of its functions under this Part, andbsuch other matters as the Treasury may from time to time direct.2A report on the discharge of the Bank’s functions under this Part must, in particular, include the Bank’s opinion as to—athe extent to which risks to the effectiveness, resilience and sustainability of wholesale cash distribution throughout the United Kingdom, or throughout any part of the United Kingdom, have been managed, andbthe extent to which, in relation to the exercise of functions in relation to persons recognised as having systemic significance, risks to the stability of the UK financial system have been managed.3This section does not require the inclusion in a report of any information the publication of which would, in the opinion of the Bank, be against the public interest.4The Treasury must lay before Parliament a copy of each report received under this section.Pt. 5A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(d), Sch. 9 para. 1