SI 2012/1759.

1972 c.68. Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c.51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c.7). By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c.51), regulations may be made under s. 2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (Cm 2183).

2009 c. 1; section 60A was inserted by the Financial Services (Banking Reform) Act 2013 (c. 33), Schedule 2, paragraph 6(8).

http://www.legislation.gov.uk/uksi/2014/3330/introduction/madeThe Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014enKing's Printer of Acts of Parliament2016-03-09BANKS AND BANKINGThese Regulations are made under the Banking Act 2009 (c. 1) (“the Act”), as amended by the Financial Services (Banking Reform) Act 2013 (c. 33) (which introduced a new stabilisation power, the power to make special bail-in provision). They also implement, 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) (“the recovery and resolution directive”).

2014 No. 3330

Banks And Banking

The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014

Made17th December 2014

Coming into force1st January 2015

The Treasury are designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to financial services.

The Treasury, in exercise of the powers conferred by sections 60A(1) to (4) and 259(1) of the Banking Act 2009 and section 2(2) of the European Communities Act 1972, make the following Regulations.

A draft of this Order has been laid before and approved by a resolution of each House of Parliament in accordance with section 60A(5) of the Banking Act 2009, and paragraph 2(2) of Schedule 2 to the European Communities Act 1972.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<portion includedIn="http://www.legislation.gov.uk/id/uksi/2014/3330">
<meta>
<identification source="#source">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/uksi/2014/3330"/>
<FRBRuri value="http://www.legislation.gov.uk/id/uksi/2014/3330"/>
<FRBRdate date="2014-12-17" name="made"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/government/uk"/>
<FRBRcountry value="GB-UKM"/>
<FRBRsubtype value="regulation"/>
<FRBRnumber value="3330"/>
<FRBRname value="S.I. 2014/3330"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made"/>
<FRBRuri value="http://www.legislation.gov.uk/uksi/2014/3330/made"/>
<FRBRdate date="2014-12-17" name="made"/>
<FRBRauthor href="#source"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/uksi/2014/3330/made/data.akn"/>
<FRBRdate date="2024-11-12Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<classification source="#source">
<keyword value="banks and banking" showAs="BANKS AND BANKING" dictionary="http://www.legislation.gov.uk"/>
</classification>
<lifecycle source="#source">
<eventRef date="2014-12-17" type="generation" eId="made-date" source="#source"/>
<eventRef date="2015-01-01" eId="coming-into-force-date-1" source="#source"/>
<eventRef date="2015-01-01" type="amendment" source="#source"/>
<eventRef date="2023-07-11" type="amendment" source="#source"/>
<eventRef date="2023-12-14" type="amendment" source="#source"/>
</lifecycle>
<references source="#source">
<TLCOrganization eId="source" href="http://www.legislation.gov.uk/id/publisher/KingsOrQueensPrinterOfActsOfParliament" showAs="King's Printer of Acts of Parliament"/>
<TLCConcept href="/uk/subject/banks-and-banking" showAs="Banks And Banking" eId="d4e89"/>
</references>
<notes source="#source">
<note class="footnote" eId="f00001">
<p>
<ref href="http://www.legislation.gov.uk/id/uksi/2012/1759">SI 2012/1759</ref>
.
</p>
</note>
<note class="footnote" eId="f00002">
<p>
<ref href="http://www.legislation.gov.uk/id/ukpga/1972/68">1972 c.68</ref>
. Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act
<ref href="http://www.legislation.gov.uk/id/ukpga/2006/51">2006 (c.51)</ref>
and by section 3 of, and the Schedule to, the European Union (Amendment) Act
<ref href="http://www.legislation.gov.uk/id/ukpga/2008/7">2008 (c.7)</ref>
. By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act
<ref href="http://www.legislation.gov.uk/id/ukpga/1993/51">1993 (c.51)</ref>
, regulations may be made under s. 2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (
<abbr title="Command Paper" xml:lang="">Cm</abbr>
2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (
<abbr title="Command Paper" xml:lang="">Cm</abbr>
2183).
</p>
</note>
<note class="footnote" eId="f00003">
<p>
<ref href="http://www.legislation.gov.uk/id/ukpga/2009/1">2009 c. 1</ref>
; section 60A was inserted by the Financial Services (Banking Reform) Act
<ref href="http://www.legislation.gov.uk/id/ukpga/2013/33">2013 (c. 33)</ref>
, Schedule 2, paragraph 6(8).
</p>
</note>
</notes>
<proprietary xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" source="#source">
<dc:identifier>http://www.legislation.gov.uk/uksi/2014/3330/introduction/made</dc:identifier>
<dc:title>The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014</dc:title>
<dc:language>en</dc:language>
<dc:publisher>King's Printer of Acts of Parliament</dc:publisher>
<dc:modified>2016-03-09</dc:modified>
<dc:subject scheme="SIheading">BANKS AND BANKING</dc:subject>
<dc:description>These Regulations are made under the Banking Act 2009 (c. 1) (“the Act”), as amended by the Financial Services (Banking Reform) Act 2013 (c. 33) (which introduced a new stabilisation power, the power to make special bail-in provision). They also implement, 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) (“the recovery and resolution directive”).</dc:description>
<atom:link rel="self" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.xml" type="application/xml"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/uksi/2014/3330/resources" title="More Resources"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/impacts" href="http://www.legislation.gov.uk/uksi/2014/3330/impacts" title="Impact Assessments"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/memorandum" href="http://www.legislation.gov.uk/uksi/2014/3330/memorandum" title="Explanatory Memorandum"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/memorandum/toc" href="http://www.legislation.gov.uk/uksi/2014/3330/memorandum/contents" title="Explanatory Memorandum Table of Contents"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/uksi/2014/3330/made" title="whole act"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made" title="introduction"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/signature" href="http://www.legislation.gov.uk/uksi/2014/3330/signature/made" title="signature"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/note" href="http://www.legislation.gov.uk/uksi/2014/3330/note/made" title="note"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/uksi/2014/3330/body/made" title="body"/>
<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.rdf" title="RDF/XML"/>
<atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.akn" title="AKN"/>
<atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.xht" title="HTML snippet"/>
<atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.htm" title="Website (XHTML) Default View"/>
<atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.csv" title="CSV"/>
<atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.pdf" title="PDF"/>
<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/made/data.html" title="HTML5 snippet"/>
<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/uksi/2014/3330/contents/made" title="Table of Contents"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/2015-01-01" title="2015-01-01"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/2023-07-11" title="2023-07-11"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction/2023-12-14" title="2023-12-14"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2014/3330/introduction" title="current"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/supersedes" href="http://www.legislation.gov.uk/id/ukdsi/2014/9780111123706" title="The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014"/>
<atom:link rel="up" href="http://www.legislation.gov.uk/uksi/2014/3330/made" title="Entire legislation"/>
<atom:link rel="next" href="http://www.legislation.gov.uk/uksi/2014/3330/regulation/1/made" title="Provision; Regulation 1"/>
<atom:link rel="nextInForce" href="http://www.legislation.gov.uk/uksi/2014/3330/regulation/1/made" title="Provision; Regulation 1"/>
<ukm:SecondaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="secondary"/>
<ukm:DocumentMainType Value="UnitedKingdomStatutoryInstrument"/>
<ukm:DocumentStatus Value="final"/>
<ukm:DocumentMinorType Value="regulation"/>
</ukm:DocumentClassification>
<ukm:Year Value="2014"/>
<ukm:Number Value="3330"/>
<ukm:Made Date="2014-12-17"/>
<ukm:ComingIntoForce>
<ukm:DateTime Date="2015-01-01"/>
</ukm:ComingIntoForce>
<ukm:ISBN Value="9780111126424"/>
</ukm:SecondaryMetadata>
<ukm:Supersedes URI="http://www.legislation.gov.uk/id/ukdsi/2014/9780111123706">
<dc:title>The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014</dc:title>
<ukm:DocumentMainType Value="UnitedKingdomDraftStatutoryInstrument"/>
<ukm:Year Value="2014"/>
<ukm:ISBN Value="9780111123706"/>
</ukm:Supersedes>
<ukm:Notes>
<ukm:Note IdURI="http://www.legislation.gov.uk/id/uksi/2014/3330/notes"/>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/uksi/2014/3330/pdfs/uksiem_20143330_en.pdf" Date="2014-12-19" Title="UK Explanatory Memorandum" Size="61317"/>
</ukm:Alternatives>
</ukm:Notes>
<ukm:OtherDocuments>
<ukm:OtherDocument URI="http://www.legislation.gov.uk/uksi/2014/3330/pdfs/uksiod_20143330_en.pdf" Date="2022-02-22" Title="Post Implementation Review" Size="83310"/>
</ukm:OtherDocuments>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/uksi/2014/3330/pdfs/uksi_20143330_en.pdf" Date="2014-12-22" Size="66509"/>
</ukm:Alternatives>
<ukm:TranspositionNotes>
<ukm:TranspositionNote URI="http://www.legislation.gov.uk/uksi/2014/3330/pdfs/uksitn_20143330_en.pdf" Date="2014-12-19" Title="Transposition Note" Size="276760"/>
</ukm:TranspositionNotes>
<ukm:ImpactAssessments>
<ukm:ImpactAssessment URI="http://www.legislation.gov.uk/ukia/2014/396/pdfs/ukia_20140396_en.pdf" Date="2014-12-19" Title="The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014" Stage="Final" Department="HM Treasury" Year="2014" Number="396" Size="118036"/>
<ukm:ImpactAssessment URI="http://www.legislation.gov.uk/ukia/2014/397/pdfs/ukia_20140397_en.pdf" Date="2014-12-19" Title="The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014" Stage="Final" Department="HM Treasury" Year="2014" Number="397" Size="286161"/>
</ukm:ImpactAssessments>
<ukm:Statistics>
<ukm:TotalParagraphs Value="13"/>
<ukm:BodyParagraphs Value="13"/>
<ukm:ScheduleParagraphs Value="0"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</proprietary>
</meta>
<portionBody>
<preface>
<p class="number">
<docNumber>2014 No. 3330</docNumber>
</p>
<block name="subject">
<concept class="title" refersTo="#d4e89">Banks And Banking</concept>
</block>
<p class="title">
<shortTitle>The Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014</shortTitle>
</p>
<p class="MadeDate">
<span>Made</span>
<docDate date="2014-12-17">17th December 2014</docDate>
</p>
<p class="ComingIntoForce">
<span>Coming into force</span>
<docDate date="2015-01-01">1st January 2015</docDate>
</p>
<p>
The Treasury are designated
<noteRef href="#f00001" class="footnote" marker="1"/>
for the purposes of section 2(2) of the European Communities Act 1972
<noteRef href="#f00002" class="footnote" marker="2"/>
in relation to financial services.
</p>
<p>
The Treasury, in exercise of the powers conferred by sections 60A(1) to (4) and 259(1) of the Banking Act 2009
<noteRef href="#f00003" class="footnote" marker="3"/>
and section 2(2) of the European Communities Act 1972, make the following Regulations.
</p>
<formula name="EnactingText">
<p>A draft of this Order has been laid before and approved by a resolution of each House of Parliament in accordance with section 60A(5) of the Banking Act 2009, and paragraph 2(2) of Schedule 2 to the European Communities Act 1972.</p>
</formula>
</preface>
</portionBody>
</portion>
</akomaNtoso>