The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018

This section has no associated Explanatory Memorandum

11.  In article 17(1) (duty to transmit a copy of group recovery plan)—U.K.

(a)in sub-paragraph (a) at the end insert “ and ”;

(b)omit sub-paragraphs (b) and (c);

(c)for sub-paragraph (d) substitute—

(d)the PRA or FCA, where either is not the appropriate regulator but supervises a group entity as an authorised person under FSMA.;

(d)omit sub-paragraph (e).

Commencement Information

I1Sch. 3 para. 11 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)