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The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018
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- UK Statutory Instruments
- 2018 No. 1394
- SCHEDULE 3
- Paragraph 24
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The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018, Paragraph 24 is up to date with all changes known to be in force on or before 25 November 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.
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Changes and effects yet to be applied to Schedule 3 Paragraph 24:
- Regulations revoked by 2023 c. 29 Sch. 1 Pt. 2
This section has no associated Explanatory Memorandum
24.—(1) Article 37 (the Bank's duty to draw up resolution plans) is amended as follows.U.K.
(2) In paragraph (2) for the words from “contain” to the end substitute—
“(a)contain the information, and be drawn up with regard to the considerations, set out in Schedule 1; and
(b)contain information specified in any technical standards made under paragraph (2A).”.
(3) After paragraph (2) insert—
“(2A) The Bank may make technical standards relating to information to be contained in the resolution plan for a relevant institution.”.
(4) After paragraph (3) insert—
“(3A) The Bank may make technical standards relating to—
(a)the procedures for the provision of information by the relevant institution or the appropriate regulator under paragraph (3); and
(b)a minimum set of standard forms and templates for such provision of information.”.
(5) In paragraph (4)—
(a)in sub-paragraph (a) omit “and”;
(b)omit sub-paragraph (b).
Commencement Information
I1Sch. 3 para. 24 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)
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