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Financial Services (Banking Reform) Act 2013

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Changes over time for: Cross Heading: Recognised central counterparties

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Version Superseded: 31/12/2023

Alternative versions:

Status:

Point in time view as at 13/07/2018.

Changes to legislation:

Financial Services (Banking Reform) Act 2013, Cross Heading: Recognised central counterparties is up to date with all changes known to be in force on or before 31 October 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Recognised central counterpartiesU.K.

9U.K.In section 89B (application of Part 1 of the Act to recognised central counterparties)—

(a)in subsection (1), before paragraph (a) insert—

(za)subsection (1A),;

(b)after subsection (1) insert—

(1A)The provisions relating to the third stabilisation option (bail-in) are to be disregarded in the application of this Part to recognised central counterparties.;

(c)in subsection (2), in the substituted section 13(1), for “ third ” substitute “fourth”.

Commencement Information

I1Sch. 2 para. 9 in force at 31.12.2014 by S.I. 2014/3160, art. 2(1)(b)

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