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The Banking Coordination (Second Council Directive) (Amendment) Regulations 1995
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- UK Statutory Instruments
- 1995 No. 1217
- Explanatory Note
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Explanatory Note
(This note is not part of the Regulations)
These Regulations amend the Banking Coordination (Second Council Directive) Regulations 1992 to give effect to the adaptations made to the Second Council Directive 89/646/EEC on the coordination of laws, regulations and administrative provisions relating to the taking up and pursuit of the business of credit institutions (OJ No. L368, 30.12.89, p.1) in its application to Liechtenstein by paragraph 16 of Annex IX to the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) as amended by the Protocol adjusting the Agreement signed at Brussels on 17th March 1993 (Cm 2183). The Agreement as amended by the Protocol entered into force in respect of all the Contracting Parties except Liechtenstein on 1st January 1994. It entered into force in relation to Liechtenstein on 1st May 1995 by virtue of a decision of the EEA Council dated 10th March 1995 (OJ No. L86/58, 20.4.95, p.1).
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