http://www.legislation.gov.uk/uksi/2014/3350/signature
The Banking Act 2009 (Restriction of Special Bail-in Provision, etc. ) Order 2014
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Statute Law Database
BANKS AND BANKING
2024-02-22
Expert Participation
2023-12-14
This Order imposes restrictions on the making of special bail-in provision in any instrument made by the Bank under Part 1 of the Act. In doing so, it implements, 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 (“BRRD”) (OJ L 173, 12.6.2014 p.190). Special bail-in provision can be made in relation to banks and investment firms. This Order will also apply where special bail-in provision is made in respect of banking group companies (by virtue of section 81CA(2) of the Act).
The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014
art. 5(1)
The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020
Sch.
para. 1(1)
para. 1(2)(k)(iv)
reg. 1(4)
The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014
art. 2(1)
The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018
Sch. 4
para. 7(2)(a)(i)
reg. 1(2)
The Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014
Harriet BaldwinMark Lancaster
Two of the Lords Commissioners of Her Majesty's Treasury