Bank of England and Financial Services Act 2016

This section has no associated Explanatory Notes

34(1)Section 137K (rules about resolution packs) is amended as follows.U.K.

(2)In subsection (1), for paragraphs (a) and (b) substitute “ the Treasury ”.

(3)After subsection (1) insert—

(1A)The FCA must also consult the Bank of England.

Commencement Information

I1Sch. 2 para. 34 in force at 1.3.2017 by S.I. 2017/43, reg. 2(g)