http://www.legislation.gov.uk/uksi/2021/716/regulation/2/2021-07-08
The Payment and Electronic Money Institution Insolvency Regulations 2021
en
FINANCIAL SERVICES AND MARKETS
Statute Law Database
2024-05-20
Expert Participation
2021-07-08
These Regulations establish a new insolvency procedure to be known as payment institution special administration or electronic money institution special administration (as the case may be) to operate as an alternative to the liquidation or administration of those institutions under the Insolvency Act 1986 (c. 45) (see regulations 7 to 47 and Schedules 1 to 4).
The Payment and Electronic Money Institution Insolvency Regulations 2021
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These Regulations come into force on the twenty-first day after the day on which they are made.