http://www.legislation.gov.uk/uksi/2014/3350/article/1/made
The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014
en
King's Printer of Acts of Parliament
2016-03-09
BANKS AND BANKING
This Order imposes restrictions on the making of special bail-in provision in any instrument made by the Bank under Part 1 of the Act. In doing so, it implements, 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 (“BRRD”) (OJ L 173, 12.6.2014 p.190). Special bail-in provision can be made in relation to banks and investment firms. This Order will also apply where special bail-in provision is made in respect of banking group companies (by virtue of section 81CA(2) of the Act).
The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014
Order
Financial Services and Markets Act 2023
s. 3
Sch. 1
Pt. 2
s. 86(3)
reg. 2(d)
The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014
Order
Financial Services and Markets Act 2023
Sch. 1
Pt. 2
s. 86(3)
The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014
Citation and commencement1
1
This Order may be cited as the Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014.
2
This Order comes into force on 1st January 2015.