http://www.legislation.gov.uk/uksi/2016/1239/signature/made
The Bank Recovery and Resolution Order 2016
en
King's Printer of Acts of Parliament
2018-11-13
BANKS AND BANKING
FINANCIAL SERVICES AND MARKETS
This Order 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 (OJ L173, 12.6.2014, p.190) (“recovery and resolution directive”). The recovery and resolution directive requires EEA states to have powers to manage the failure of credit institutions and investment firms and their group companies as an alternative to insolvency, in order to ensure that critical functions continue to be performed.
The Bank Recovery and Resolution Order 2016
Order
Financial Services and Markets Act 2023
s. 3
Sch. 1
Pt. 2
s. 86(3)
reg. 2(d)
The Bank Recovery and Resolution Order 2016
Order
Financial Services and Markets Act 2023
Sch. 1
Pt. 2
s. 86(3)
The Bank Recovery and Resolution Order 2016
Stephen BarclayRobert SymsTwo of the Lords Commissioners of Her Majesty’s Treasury