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There are currently no known outstanding effects for the The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (revoked).
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PART 2 Amendment of Primary Legislation made under the European Communities Act 1972Previous MatchNext Match
CHAPTER 1 Amendment of the Financial Services and Markets Act 2000Previous MatchNext Match
CHAPTER 2 Amendment of the Banking Act 2009Previous MatchNext Match
5.Removal of impediments to the exercise of stabilisation powers etc.Previous MatchNext Match
6.Mandatory write-down, conversion etc.Previous MatchNext Match
7.In section 6B (mandatory write-down, conversion, etc of capital instruments)...Previous MatchNext Match
8.In section 6C (mandatory reduction instruments: implementation of requirements of...Previous MatchNext Match
9.Bail-in: sequence of write-down and conversion of capital instruments and liabilitiesPrevious MatchNext Match
11.General interpretation of section 48BPrevious MatchNext Match
12.Pre-conditions for financial assistance: duty of Bank to give informationPrevious MatchNext Match
13.Cases where mandatory write-down, conversion etc. applies: banking group companiesPrevious MatchNext Match
14.Groups: sale to commercial purchaser and transfer to bridge bank: holding companiesPrevious MatchNext Match
15.Groups: transfer to asset management vehicle: holding companiesPrevious MatchNext Match
16.Groups: bail-in option: holding companiesPrevious MatchNext Match
17.For the heading for section 81C substitute “ Sections 81AA...Previous MatchNext Match
18.In section 81C (section 81B or 81ZBA: supplemental) — Previous MatchNext Match
19.In the heading for section 81CA, after “Section 81BA” insert...Previous MatchNext Match
20.In section 81CA(1), after “section 81BA” insert “ or section...Previous MatchNext Match
21.Resolution of banks not regulated by the PRAPrevious MatchNext Match
22.Resolution of recognised central counterpartiesPrevious MatchNext Match
23.Recognition of third-country resolution actionsPrevious MatchNext Match
24.Resolution of UK branches of third-country institutionsPrevious MatchNext Match
PART 3 Amendment of Secondary legislation made under the European Communities Act 1972Previous MatchNext Match
26.Amendment of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999Previous MatchNext Match
27.Amendment of the Credit Institutions (Reorganisation and Winding up) Regulations 2004Previous MatchNext Match
28.Amendment of the Banking Act 2009 (Restriction of Special Bail-in Provisions, etc) Order 2014Previous MatchNext Match
29.Amendment of the Bank Recovery and Resolution (No.2) Order 2014Previous MatchNext Match
30.In article 2(1) (a) in the definition of “the capital...Previous MatchNext Match
31.In article 40, after paragraph (6) insert— Previous MatchNext Match
32.In article 42(4), after “reasoned” insert “ and substantiated ”....Previous MatchNext Match
33.In article 48(2)— (a) in the opening words omit “For...Previous MatchNext Match
34.In article 53, for paragraph (2)(a) substitute— Previous MatchNext Match
35.In article 61(2), after “take resolution action” insert “ in...Previous MatchNext Match
36.In article 62— (a) in paragraph (2), at the end...Previous MatchNext Match
37.In article 64(2)— (a) in the definition of “relevant proposals”—...Previous MatchNext Match
38.In article 66— (a) in paragraph (3)(a), for “four month”...Previous MatchNext Match
39.In article 68(2), at the end insert— “response period” means—...Previous MatchNext Match
40.In article 71(1), for “four months” substitute “ the response...Previous MatchNext Match
41.In article 72(1), for the words from “within four months”...Previous MatchNext Match
42.In article 75(2), at the end insert— “response period” means—...Previous MatchNext Match
43.After article 75, insert— Report on substantive impediments to the...Previous MatchNext Match
44.In article 78(b), for “four months” substitute “ the response...Previous MatchNext Match
45.In article 122(1)(a), omit “expressed as a percentage of the...Previous MatchNext Match
46.In article 123(6), for the words from “criteria” to the...Previous MatchNext Match
47.In article 125(2)— (a) in the definition of “minimum consolidated...Previous MatchNext Match
48.In article 126— (a) in paragraph (1) at the end...Previous MatchNext Match
49.In article 127(1), after “requirement” insert “ for a resolution...Previous MatchNext Match
50.In article 128(1), in the opening words after “requirement” insert...Previous MatchNext Match
51.In article 129(1), after “requirement” insert “ for each resolution...Previous MatchNext Match
52.In article 131(1), after “requirement” insert “ for each resolution...Previous MatchNext Match
53.In article 135(6)(a), for “Article 45.6 of the recovery and...Previous MatchNext Match
54.In articles 139(1) and 146(1), omit “expressed as a percentage...Previous MatchNext Match
55.In article 142(6)(a), after “recovery and resolution directive” insert “...Previous MatchNext Match
56.In article 195(a), after “Union subsidiary” insert “ or a...Previous MatchNext Match
57.In article 196— (a) in paragraph (1)(a), after “Union subsidiary”...Previous MatchNext Match
58.In Schedule 1, in paragraph 4(2), in paragraphs (q) and...Previous MatchNext Match
59.In Schedule 2, in paragraph 2— (a) in sub-paragraph (a),...Previous MatchNext Match
60.In Schedule 4, for paragraph 23 substitute— Previous MatchNext Match
PART 4 Amendment of legislation made under the European Union (Withdrawal) Act 2018Previous MatchNext Match
CHAPTER 1 Amendment of Primary LegislationPrevious MatchNext Match
61.Amendment of the Banking Act 2009Previous MatchNext Match
62.In section 3— (a) in the definition of “resolution entity”—...Previous MatchNext Match
63.In section 48B (special bail-in provision), in subsection (8)(ea), omit...Previous MatchNext Match
64.In section 48D (general interpretation of section 48B), in subsection...Previous MatchNext Match
65.In section 81ZZBA (sale to commercial purchaser and transfer to...Previous MatchNext Match
66.In section 81ZZBB (assessment of conditions for section 81ZZBA)— Previous MatchNext Match
67.In section 81ZBB (transfer to asset management vehicle: supplemental powers...Previous MatchNext Match
68.In section 81ZBC (assessment of conditions for section 81ZBB)— Previous MatchNext Match
69.In section 81BB (bail-in option: supplemental powers in relation to...Previous MatchNext Match
70.In section 81BC (assessment of conditions for section 81BB)— Previous MatchNext Match
71.In section 89A (application to investment firms), in the Table...Previous MatchNext Match
72.In section 89JA (resolution of UK branches of third-country institutions),...Previous MatchNext Match
CHAPTER 2 Amendment of Secondary LegislationPrevious MatchNext Match
CHAPTER 3 Amendment of EU Exit LegislationPrevious MatchNext Match
CHAPTER 4 Revocation of technical standards under the Recovery and Resolution DirectivePrevious MatchNext Match
PART 5 Other Provision made under the European Communities Act 1972Previous MatchNext Match
CHAPTER 1 Suspension of obligations, interests and rightsPrevious MatchNext Match
82.The exercise of any of the powers in this Chapter...Previous MatchNext Match
83.Suspension of obligations prior to exercise of stabilisation powersPrevious MatchNext Match
84.Suspension of security interests prior to exercise of stabilisation powersPrevious MatchNext Match
85.Suspension of termination rights prior to exercise of stabilisation powersPrevious MatchNext Match
86.Suspension prior to exercise of stabilisation powers: procedurePrevious MatchNext Match
87.Restriction on subsequent suspensionPrevious MatchNext Match
89.Suspension of obligations when Bank is exercising a stabilisation powerPrevious MatchNext Match
90.Modification of Part for banks not regulated by the PRAPrevious MatchNext Match
CHAPTER 2 Power to prohibit distributionsPrevious MatchNext Match
CHAPTER 3 Transfer of losses or capital between members of a groupPrevious MatchNext Match
CHAPTER 4 Contractual recognition of bail-inPrevious MatchNext Match
94.Requirement to include a contractual term recognising bail-inPrevious MatchNext Match
95.Undertakings required to include a contractual termPrevious MatchNext Match
96.Contracts for which a contractual term is requiredPrevious MatchNext Match
98.Evidence to demonstrate compliance with regulation 94 obligationPrevious MatchNext Match
101.Suspension of the regulation 94 obligationPrevious MatchNext Match
102.Assessment of the determination of impracticabilityPrevious MatchNext Match
103.Determination that term is not impracticablePrevious MatchNext Match
105.Exercise of power to remove impediments to resolvabilityPrevious MatchNext Match
106.Exclusion of liabilities from the minimum requirement for own funds and eligible liabilitiesPrevious MatchNext Match
107.Exercise of resolution powers where contractual term not includedPrevious MatchNext Match
CHAPTER 5 Amendments to priority of debts in insolvencyPrevious MatchNext Match
Amendment of the Insolvency Act 1986Previous MatchNext Match
Amendment of the Insolvency (Northern Ireland) Order 1989Previous MatchNext Match
Further Amendment of Insolvency LegislationPrevious MatchNext Match
121.Amendments of the Insolvent Partnerships Order 1994Previous MatchNext Match
122.Amendments of the Insolvent Partnerships Order (Northern Ireland) 1995Previous MatchNext Match
124.Housing and Regeneration Act 2008Previous MatchNext Match
127.Section 129 (priority in distribution) applies as if it were...Previous MatchNext Match
128.Section 129A (section 129: interpretation) applies as if for subsection...Previous MatchNext Match
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