The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021 No. 1178

PART 9 E+W End of special administration

Final progress reports E+W

182.—(1) In this Part, reference to a progress report is to a report in the form specified in rule 87.

(2) The final progress report means a progress report which includes a summary of—

(a) the administrator’s proposals (including whether the FCA has given a direction under regulation 38 and whether that direction has been withdrawn),

(b) any major amendments to, or deviations from, those proposals,

(c) the steps taken during the special administration, and

(d) the outcome.

Commencement Information

I1 Rule 182 in force at 12.11.2021, see rule 2