The Bank Recovery and Resolution (No. 2) Order 2014

[^f00109]: For the meaning of “deposit guarantee scheme” see the recovery and resolution directive, Article 2.1, point (72).

[^f00110]: For the meaning of “third-country institution”, “third-country parent undertaking” and “Union subsidiary” see the recovery and resolution directive, Article 2.1, points (86), (87) and (84).

[^f00111]: Section 89H was inserted by S.I. 2014/3329.

[^f00112]: For the meaning of “resolution power” see the recovery and resolution directive, Article 2.1, point (20).

[^f00113]: Section 6B was inserted by S.I. 2014/3329.

[^f00114]: 2006 c. 46.

[^f00115]: 1986 c. 45.

[^f00116]: 1986 c. 46.

[^f00117]: OJ No. L 310, 25.11.2005, p. 1.

[^f00118]: S.I. 2007/2974. There are amendments, but none is relevant.

[^f00119]: S.I. 2009/1804. There are amendments, but none is relevant.

[^f00120]: OJ No. L 142, 30.4.2004, p. 12.

[^f00121]: S.I. 2008/2860. There are amendments, but none is relevant.

[^f00122]: OJ No. L 184, 14.7.2007, p. 17-24.

[^f00123]: OJ No. L 110, 29.4.2011, p. 1-11.

[^f00124]: OJ No. L 315, 14.11.2012, p. 74-97.

[^f00125]: Section 258A was inserted by the Financial Services Act 2012, section 101(1) and (7); and was amended by S.I. 2013/3115. Also, see S.I. 2014/1832, which was made under subsection (2)(b).

[^f00126]: For the meaning of “third-country parent undertaking”, “Union subsidiary”, “third-country institution” and “significant branch” see the recovery and resolution directive, Article 2.1, points (87), (84), (86) and (34).

[^f00127]: Section 348 was amended by the Financial Services Act 2010 (c. 28), section 24(1) and (2) and Schedule 2, paragraphs 1 and 26; by the Financial Services Act 2012, section 41 and Schedule 12, paragraph 18, and by the Financial Services (Banking Reform) Act 2013, section 129 and Schedule 8, paragraph 5.

[^f00128]: For the meaning of “resolution action” see the recovery and resolution directive, Article 2.1, point (40).

[^f00129]: For the meaning of “extraordinary public financial support” and “emergency liquidity assistance” see the recovery and resolution directive, Article 2.1, points (28 and (29).

[^f00130]: For the meaning of “emergency liquidity assistance” see the recovery and resolution directive, Article 2.1, point (29).

[^f00131]: For the meaning of “resolution” see the recovery and resolution directive, Article 2.1, point (1).

[^f00132]: For the meaning of “group resolution” see the recovery and resolution directive, Article 2.1, point (42).

[^f00133]: Section 137J was substituted by the Financial Services Act 2012, section 24(1).

[^f00134]: Section 192B was inserted by the Financial Services Act 2012, section 27. For Condition C (a parent undertaking must be a financial institution of a prescribed kind (section 192B(4)) see S.I. 2013/165.

[^f00135]: OJ No. L 173, 12.6.2014, p. 190.

[^f00136]: Section 2 was amended by the Financial Services Act 2012, sections 101(1) and (3) and 102(1) and (3) and Schedule 17, paragraph 3, and by S.I. 2011/2832.

[^f00137]: 1986 c. 53.

[^f00138]: Section 258A was inserted by the Financial Services Act 2012, section 101(1) and (7). See S.I. 2014/1832, which was made under subsection (2)(b). No other order has been made under that subsection.

[^f00139]: Section 137K was substituted by the Financial Services Act 2012, section 24(1).

[^f00140]: Section 137M was substituted by the Financial Services Act 2012, section 24(1).

[^f00141]: Section 137N was substituted by the Financial Services Act 2012, section 24(1).

[^f00142]: Subsection (6) of section 137J is amended by paragraph 2(4) of this Schedule.

[^f00143]: Section 192A was inserted by the Financial Services Act 2012, section 27.

[^f00144]: 2013 c.33.

[^f00145]: S.I. 1999/2979. There are amendments, but none is relevant.

[^f00146]: Section 48Z was inserted by S.I. 2014/3329.

[^f00147]: S.I. 2001/2188.

[^f00148]: Amended by S.I. 2003/693, 2003/2066, 2004/1862, 2004/3379, 2006/3413, 2010/2628, 2012/916, 2012/917, 2012/2554, 2013/472 and 2013/1773.

[^f00149]: OJ No. L 173, 12.6.2014, p. 190.

[^f00150]: Section 62B was inserted by S.I. 2014/3329.

[^f00151]: Regulation 8 was amended by S.I. 2003/504, 2006/3413 and 2012/916.

[^f00152]: Regulation 9 was amended by S.I. 2003/693, 2004/3379, 2006/3221, 2006/3413, 2010/2628, 2011/1613, 2012/916, 2013/472, 2013/1773 and S.I. 2013/3115.

[^f00153]: S.I. No. 2011/245.

[^f00154]: Regulation 11 was amended by S.I. 2003/2066, 2006/3413, 2011/1613, 2012/916 and 2013/504.

[^f00155]: Schedule 1 was amended by S.I. 2001/3437, 2001/3624, 2003/2174, 2003/2817, 2005/3071, 2006/3413, 2011/1265, 2012/916, 2013/472, 2013/3115, 2014/549, 2014/883 and 2014/2879.

[^f00156]: S.I. 2011/245.

[^f00157]: 2009 c. 1. Section 81D was inserted by the Financial Services Act 2012 (c. 21), s.100.

[^f00158]: OJ No. L 157, 9.6.2006, p. 87.

[^f00159]: S.I. 2003/3226.

[^f00160]: Regulation 3 was amended by S.I. 2010/2993.

[^f00161]: Regulations 12, 16 and 17 were amended by S.I. 2010/2993.

[^f00162]: S.I. 2004/1045, as amended by S.I. 2007/108, 2007/126, 2007/830, 2011/1043, 2011/1265, 2013/472 and 2013/3115.

[^f00163]: Section 6B was inserted by S.I. 2014/3329.

[^f00164]: Section 12A was inserted by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 2; and was amended by S.I. 2014/3329.

[^f00165]: Section 33 was amended by S.I. 2014/3329.

[^f00166]: Section 89H was inserted by S.I. 2014/3329.

[^f00167]: OJ No. L 125, 5.5.2001, p. 15.

[^f00168]: Section 89L was inserted by S.I. 2014/3329.

[^f00169]: OJ No. L 173, 12.6.2014, p. 349.

[^f00170]: Section 48Z is inserted by S.I. 2014/3329.

[^f00171]: Section 70C is inserted by S.I. 2014/3329.

[^f00172]: Section 48Z is inserted by S.I. 2014/3329.

[^f00173]: Section 70C is inserted by S.I. 2014/3329.

[^f00174]: Section 89L was inserted by S.I. 2014/3329.

[^f00175]: Section 55A to 55Z4 were inserted by the Financial Services Act 2012, section 11; and was amended by S.I. 2013/1773 and 2013/3115.

[^f00176]: S.I. 2013/165, as amended by S.I. 2013/3115.

[^f00177]: Section 192JB was inserted by the Financial Services (Banking Reform) Act 2013, section 133; and was amended by S.I. 2014/3329.

[^f00178]: Sections 12A, 48U, 48V and 48W were inserted of the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1, 2 and 4; and were amended by S.I. 2014/3329.

[^f00179]: S.I. 2013/419, as amended by SI 2013/1773.

[^f00180]: Section 192K(1)(c) was inserted by S.I. 2014/3329.

[^f00181]: S.I. 2013/3115.

[^f00182]: 2006 c. 46.

[^f00183]: The modifications have effect in relation to provisions of the Act inserted, substituted or amended by S.I. 2009/1632.

[^f00184]: See article 216(3) of this Order.

Editorial notes

[^c22307411]: 1972 c. 68. Section 2(2) was amended by the Legislative and Regulatory Reform Act 2006 (c. 51), section 27(1)(a), and by the European Union (Amendment) Act 2008 (c. 7), section 3 and the Schedule, Part 1. By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c. 51), an order may be made under section 2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (Cm 2183).

[^c22307421]: 2000 c. 8. Section 192B was inserted by the Financial Services Act 2012 (c. 21), section 27, which inserted Part 12A of FSMA.

[^c22307431]: 2009 c. 1.

[^c22307441]: S.I. 2012/1759.

[^c22307451]: OJ No. L 176, 27.6.2013, p. 338. For corrigenda see OJ No. L 208, 2.8.2013, p. 73.

[^c22307511]: Section 7 was amended by the Financial Services Act 2012, Schedule 17, paragraphs 1 and 8, and by S.I. 2014/3329.

[^c22307521]: Section 81B was inserted by the Financial Services Act 2012, section 100; and was amended by S.I. 2014/3329. Section 81ZBA was inserted by S.I. 2014/3329. Section 81BA was inserted by the Financial Services (Banking Reform) Act 2013 (c. 33), Schedule 2, paragraphs 1 and 7(1); and was amended by S.I. 2014/3329.

[^c22307541]: Section 3 was amended by the Financial Services Act 2012, section 96(2) and Schedule 17, paragraphs 1 and 4, and by S.I. 2014/3329.

[^c22307551]: OJ No. L 201, 27.7.2012, p. 1-59.

[^c22307571]: 1998 c. 11. Section 9B was inserted by the Financial Services Act 2012, section 4(1).

[^c22307591]: For the meaning of “resolution power” see the recovery and resolution directive, Article 2.1, point (20).

[^c22307601]: 1986 c. 45.

[^c22307611]: Section 2B was substituted by the Financial Services Act 2012, section 6(1), which substituted Part 1A of FSMA.

[^c22307621]: OJ No. L 173, 12.6.2014, p. 190.

[^c22307631]: For the meaning of “group” see the recovery and resolution directive, Article 2.1, point (26).

[^c22307641]: Section 4 was amended by S.I. 2014/3329.

[^c22307661]: Section 1(3) was substituted by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 12(1) and (3); and was amended by S.I. 2014/3329. Paragraphs (a), (b), (ba) and (c) refer to four of the five stabilisation options, namely transfer to a private sector purchaser, transfer to a bridge bank, the bail-in option and transfer to an asset management vehicle (the fifth option is transfer to temporary public ownership referred to in paragraph (d)).

[^c22307671]: Section 31 was amended by the Financial Services Act 2012, section 11(1).

[^c22307721]: Section 9C was inserted by the Financial Services Act 2012, section 4(1).

[^c22307741]: Section 348 was amended by the Financial Services Act 2010 (c. 28), section 24(1) and (2) and Schedule 2, paragraphs 1 and 26; by the Financial Services Act 2012, section 41 and Schedule 12, paragraph 18, and by the Financial Services (Banking Reform) Act 2013, section 129 and Schedule 8, paragraph 5.

[^c22307751]: Section 89L was inserted by S.I. 2014/3329.

[^c22307791]: Section 3A was substituted by the Financial Services Act 2012, section 6(1), which substituted Part 1A of FSMA.

[^c22307801]: Section 137K was substituted by the Financial Services Act 2012, section 24(1), which substituted Part 9A of FSMA; and, together with the heading, is amended by paragraph 3 of Schedule 3 to this Order.

[^c22307811]: For the meaning of “financial contracts” see the recovery and resolution directive, Article 2.1, point (100).

[^c22307831]: For the meaning of “extraordinary public financial support” and “emergency liquidity assistance” see the recovery and resolution directive, Article 2.1, points (28 and (29).

[^c22307851]: Section 3A was inserted by S.I. 2014/3329.

[^c22307861]: This definition was inserted by S.I. 2010/22.

[^c22307871]: Section 192B was inserted by the Financial Services Act 2012, section 27, which inserted Part 12A of FSMA.

[^c22307891]: 1986 c. 53.

[^c22307921]: For the meaning of “covered bond” see the recovery and resolution directive, Article 2.1, point (96).

[^c22307931]: Section 3A was inserted by S.I. 2014/3329.

[^c22307941]: For the meaning of “resolution” see the recovery and resolution directive, Article 2.1, point (1).

[^c22307971]: Section 1(3) was substituted by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 12(1) and (3); and was amended by S.I. 2014/3329.

[^c22307981]: Sections 6A and 81AA were inserted by S.I. 2014/3329.

[^c22307991]: Section 3 was amended by the Financial Services Act 2012, section 96(2) and Schedule 17, paragraphs 1 and 4, and by S.I. 2014/3329, which inserted the definition of “own funds requirements”.

[^c22308001]: These definitions were inserted by S.I. 2014/3329.

[^c22308011]: Section 2 was amended by the Financial Services Act 2012, sections 101(1) and (3) and 102(1) and (3) and Schedule 17, paragraph 3, and by S.I. 2011/2832.

[^c22308021]: Section 258A was inserted by the Financial Services Act 2012, section 101(1) and (7). See S.I. 2014/1832, which was made under subsection (2)(b). No other order has been made under that subsection.

[^c22308031]: Section 81D was inserted by the Financial Services Act 2012, section 100(5); and was amended by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 7(3), and by S.I. 2014/3329.

[^c22308051]: This definition was inserted by S.I. 2014/3329.

[^c22308071]: Sections 12A, 48B and 81BA were inserted by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1, 2, 4 and 7(1); and were amended by S.I. 2014/3329.

[^c22308081]: Section 6E was inserted by S.I. 2014/3329.

[^c22308091]: Section 48X was inserted by S.I. 2014/3329.

[^c22308101]: Section 12A was inserted by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 2; and was amended by S.I. 2014/3329.

[^c22308111]: Section 62B was inserted by S.I. 2014/3329.

[^c22308171]: For the meaning of “crisis prevention measures” see the recovery and resolution directive, Article 2.1, point (101).

[^c22308191]: 1986 c. 53.

[^c22308201]: Section 33 was amended by S.I. 2014/3329.

[^c22308211]: Section 41A was inserted of the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 5(1); and was amended by S.I. 2014/3329.

[^c22308221]: Section 42 was amended by S.I. 2014/3329.

[^c22308231]: Section 42A was inserted by the Financial Services Act 2012, section 97(1) and (5).

[^c22308241]: Section 43 was amended by the Financial Services Act 2012, Schedule 17, paragraph 22, and by S.I. 2014/3329.

[^c22308251]: Section 44 was amended by the Financial Services Act 2012, section 97 and Schedule 17, paragraph 23, by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraph 16, and by S.I. 2014/3329.

[^c22308261]: Section 44A was inserted of the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 5(3); and was amended by S.I. 2014/3329.

[^c22308271]: Sections 12A, 48U, 48V and 48W were inserted of the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1, 2 and 4; and were amended by S.I. 2014/3329.

[^c22308281]: Section 26 was amended by the Financial Services Act 2012, Schedule 17(1), paragraph 14, and by S.I. 2014/3329.

[^c22308291]: Section 26A was inserted by the Financial Services Act 2012, section 97(1) and (2).

[^c22308301]: Section 30 was amended by the Financial Services Act 2012, Schedule 17(1), paragraph 18, and by S.I. 2014/3329.

[^c22308311]: Section 31 was amended by the Financial Services Act 2012, section 97(4)(a) and (b), section 97(4)(c) and Schedule 17(1), paragraph 12, and by S.I. 2014/3329.

[^c22308321]: Section 13 was amended by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraph 13, and by S.I. 2014/3329.

[^c22308331]: Section 27 was amended by the Financial Services Act 2012, Schedule 17(1), paragraph 15.

[^c22308341]: Section 28 was amended by the Financial Services Act 2012, Schedule 17(1), paragraph 16.

[^c22308351]: Section 29 was amended by the Financial Services Act 2012, section 97(3) and Schedule 17(1), paragraph 17.

[^c22308361]: Section 89I was inserted by S.I. 2014/3329.

[^c22308371]: Section 2 was amended by the Financial Services Act 2012, sections 101(1) and (3) and 102(1) and (3) and Schedule 17, paragraph 3, and by S.I. 2011/2832.

[^c22308381]: Section 81D was inserted by the Financial Services Act 2012, section 100(5); and was amended by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 7(3), and by S.I. 2014/3329.

[^c22308391]: Section 6B was inserted by S.I. 2014/3329.

[^c22308401]: Section 1(4) was substituted by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 12(1) and (4); and was amended by S.I. 2014/3329.

[^c22308411]: Section 29A was inserted by S.I. 2014/3329.

[^c22308421]: Section 244 was amended by the Financial Services Act 2012, Schedule 2, paragraph 3, and by S.I. 2014/3329.

[^c22308551]: Section 6B was inserted by S.I. 2014/3329.

[^c22308561]: 2006 c. 46.

[^c22308571]: 1986 c. 45.

[^c22308581]: 1986 c. 46.

[^c22308631]: S.I. 2008/2860. There are amendments, but none is relevant.

[^c22308671]: Section 258A was inserted by the Financial Services Act 2012, section 101(1) and (7); and was amended by S.I. 2013/3115. Also, see S.I. 2014/1832, which was made under subsection (2)(b).

[^c22308711]: For the meaning of “extraordinary public financial support” and “emergency liquidity assistance” see the recovery and resolution directive, Article 2.1, points (28 and (29).

[^c22308721]: For the meaning of “emergency liquidity assistance” see the recovery and resolution directive, Article 2.1, point (29).

[^c22308731]: For the meaning of “resolution” see the recovery and resolution directive, Article 2.1, point (1).

[^c22308741]: For the meaning of “group resolution” see the recovery and resolution directive, Article 2.1, point (42).

[^c22308751]: Section 137J was substituted by the Financial Services Act 2012, section 24(1).

[^c22308761]: Section 192B was inserted by the Financial Services Act 2012, section 27. For Condition C (a parent undertaking must be a financial institution of a prescribed kind (section 192B(4)) see S.I. 2013/165.

[^c22308771]: OJ No. L 173, 12.6.2014, p. 190.

[^c22308781]: Section 2 was amended by the Financial Services Act 2012, sections 101(1) and (3) and 102(1) and (3) and Schedule 17, paragraph 3, and by S.I. 2011/2832.

[^c22308791]: 1986 c. 53.

[^c22308801]: Section 258A was inserted by the Financial Services Act 2012, section 101(1) and (7). See S.I. 2014/1832, which was made under subsection (2)(b). No other order has been made under that subsection.

[^c22308811]: Section 137K was substituted by the Financial Services Act 2012, section 24(1).

[^c22308821]: Section 137M was substituted by the Financial Services Act 2012, section 24(1).

[^c22308831]: Section 137N was substituted by the Financial Services Act 2012, section 24(1).

[^c22308841]: Subsection (6) of section 137J is amended by paragraph 2(4) of this Schedule.

[^c22308851]: Section 192A was inserted by the Financial Services Act 2012, section 27.

[^c22308861]: 2013 c.33.

[^c22308871]: S.I. 1999/2979. There are amendments, but none is relevant.

[^c22308881]: Section 48Z was inserted by S.I. 2014/3329.

[^c22308891]: S.I. 2001/2188.

[^c22308901]: Amended by S.I. 2003/693, 2003/2066, 2004/1862, 2004/3379, 2006/3413, 2010/2628, 2012/916, 2012/917, 2012/2554, 2013/472 and 2013/1773.

[^c22308911]: OJ No. L 173, 12.6.2014, p. 190.

[^c22308921]: Section 62B was inserted by S.I. 2014/3329.

[^c22308931]: Regulation 8 was amended by S.I. 2003/504, 2006/3413 and 2012/916.

[^c22308941]: Regulation 9 was amended by S.I. 2003/693, 2004/3379, 2006/3221, 2006/3413, 2010/2628, 2011/1613, 2012/916, 2013/472, 2013/1773 and S.I. 2013/3115.

[^c22308951]: S.I. No. 2011/245.

[^c22308961]: Regulation 11 was amended by S.I. 2003/2066, 2006/3413, 2011/1613, 2012/916 and 2013/504.

[^c22308971]: Schedule 1 was amended by S.I. 2001/3437, 2001/3624, 2003/2174, 2003/2817, 2005/3071, 2006/3413, 2011/1265, 2012/916, 2013/472, 2013/3115, 2014/549, 2014/883 and 2014/2879.

[^c22308981]: S.I. 2011/245.

[^c22308991]: 2009 c. 1. Section 81D was inserted by the Financial Services Act 2012 (c. 21), s.100.

[^c22309001]: OJ No. L 157, 9.6.2006, p. 87.

[^c22309011]: S.I. 2003/3226.

[^c22309021]: Regulation 3 was amended by S.I. 2010/2993.

[^c22309031]: Regulations 12, 16 and 17 were amended by S.I. 2010/2993.

[^c22309041]: S.I. 2004/1045, as amended by S.I. 2007/108, 2007/126, 2007/830, 2011/1043, 2011/1265, 2013/472 and 2013/3115.

[^c22309051]: Section 6B was inserted by S.I. 2014/3329.

[^c22309061]: Section 12A was inserted by the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1 and 2; and was amended by S.I. 2014/3329.

[^c22309071]: Section 33 was amended by S.I. 2014/3329.

[^c22309081]: Section 89H was inserted by S.I. 2014/3329.

[^c22309091]: OJ No. L 125, 5.5.2001, p. 15.

[^c22309101]: Section 89L was inserted by S.I. 2014/3329.

[^c22309111]: OJ No. L 173, 12.6.2014, p. 349.

[^c22309121]: Section 48Z is inserted by S.I. 2014/3329.

[^c22309131]: Section 70C is inserted by S.I. 2014/3329.

[^c22309141]: Section 48Z is inserted by S.I. 2014/3329.

[^c22309151]: Section 70C is inserted by S.I. 2014/3329.

[^c22309161]: Section 89L was inserted by S.I. 2014/3329.

[^c22309171]: Section 55A to 55Z4 were inserted by the Financial Services Act 2012, section 11; and was amended by S.I. 2013/1773 and 2013/3115.

[^c22309181]: S.I. 2013/165, as amended by S.I. 2013/3115.

[^c22309191]: Section 192JB was inserted by the Financial Services (Banking Reform) Act 2013, section 133; and was amended by S.I. 2014/3329.

[^c22309201]: Sections 12A, 48U, 48V and 48W were inserted of the Financial Services (Banking Reform) Act 2013, Schedule 2, paragraphs 1, 2 and 4; and were amended by S.I. 2014/3329.

[^c22309211]: S.I. 2013/419, as amended by SI 2013/1773.

[^c22309221]: Section 192K(1)(c) was inserted by S.I. 2014/3329.

[^c22309231]: S.I. 2013/3115.

[^c22309241]: 2006 c. 46.

[^c22309251]: The modifications have effect in relation to provisions of the Act inserted, substituted or amended by S.I. 2009/1632.

[^c22309261]: See article 216(3) of this Order.

[^key-002dcd66865409196ab4f5a5d2277077]: Art. 35 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 22; 2020 c. 1, Sch. 5 para. 1(1)

[^key-00cad57fd03658e25fbeca4efbb9e16d]: Words in art. 68 substituted (31.12.2020) by The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1350), regs. 1(3), 74(4)

[^key-00d5eabce0b8fce6441faba6d8634d62]: Words in art. 45 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 28; 2020 c. 1, Sch. 5 para. 1(1)

[^key-00e32a911a75d1d5771740fb874a58c0]: Words in art. 11(1)(b) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 7(2)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0165ec32b9fb1545ffd072bf9b60f588]: Words in art. 121(1) substituted (1.1.2022) by The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(3), 19(8)

[^key-01ab65ed4d4bc0ae07efe5c330d6d493]: Words in art. 71(2) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 44(3); 2020 c. 1, Sch. 5 para. 1(1)

[^key-01c886979cc891e4fb0ad8e3b4c0bd3c]: Words in art. 2(1) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 1(11); 2020 c. 1, Sch. 5 para. 1(1)

[^key-01f79edde5f3cfca312938fd54b8591f]: Words in art. 148(1)(c) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 82(2)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0346f115e31fb1edf15bbd837bb853a0]: Art. 127 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 71; 2020 c. 1, Sch. 5 para. 1(1)

[^key-05f50d6f6d580e77ebdd73f2e0ea60ac]: Sch. 2 para. 2(j) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 118(3)(f); 2020 c. 1, Sch. 5 para. 1(1)

[^key-067c48d7d01f875887b972cc6d319e28]: Words in art. 62(3)(a) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 37(2)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-069efae85078260f3f1d7a8e016a415a]: Words in art. 71(6)(b)(ii) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 44(6)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0718c960fb48a90d32483992f946932e]: Words in art. 2(1) substituted (1.1.2022) by The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(3), 19(2)(a)

[^key-0900d697dbe0e714363948a65e13aeeb]: Words in art. 2(1) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 1(7)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-09adbbf490d547e5168223ae33dd139c]: Words in art. 181 inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 103(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0ab4973da8315ce6bc7e9e6c4ae1fd56]: Words in art. 61(2) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 36(3)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0ab8ecc35d14ea6386ef19083d9c39ed]: Words in art. 2(3)(b) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 1(28)(c); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0b667d2c2d34f0a6c7f2a056e13729f8]: Words in art. 34(4) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 21(3)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0bee1ac2b2e11c77b04fd2479d911208]: Pt. 4 Ch. 3 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 19; 2020 c. 1, Sch. 5 para. 1(1)

[^key-0ced1de9ced6c0473ee0a7cf4bd4071e]: Art. 58(4)(5) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 33(4); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0d1fda91bf62964f8da7eefdb5204783]: Words in art. 64(2) inserted (28.12.2020) by The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1350), regs. 1(2), 37(b)

[^key-0e91ebe6dcc60fa2eb9fc82ed83ee7ca]: Words in art. 71(6)(b)(i) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 44(6)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0f2b053d25fbdfcd4f674d8af09a0fa7]: Words in art. 121(1) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 66(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0fe76d53ba14505801bca24f18afd998]: Art. 20 substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 14; 2020 c. 1, Sch. 5 para. 1(1)

[^key-110bc5b01b72eb0f546c7ef2cfbd8c35]: Words in art. 123(6) substituted (28.12.2020) by The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1350), regs. 1(2), 46

[^key-116b21307cf94779a5ed0e9472abbd91]: Art. 128 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 71; 2020 c. 1, Sch. 5 para. 1(1)

[^key-11723629e859400c551b40c02eb28e97]: Art. 40(2) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 25(3); 2020 c. 1, Sch. 5 para. 1(1)

[^key-11773149be5920a8bac4c36b150d4f06]: Words in Sch. 2 para. 4 substituted (1.1.2022) by The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(3), 19(14)

[^key-13a6016a72c38c1f42fdc514f46b3ccd]: Art. 40(5)(b)(c) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 25(7); 2020 c. 1, Sch. 5 para. 1(1)

[^key-14a2b8e6e4f7bf54422eb4cc9e46f7b6]: Word in art. 58(2)(c) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 33(2)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-14bfb38c95151a8646ddbd11a1d2de12]: Word in art. 102(2)(a) added (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 57(2)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-152e93e8c7d31cb1a36ba1b5eac8e7be]: Words in art. 164 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 94(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-157d99eea138a8e5d834e57b1682666a]: Words in art. 89 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 51; 2020 c. 1, Sch. 5 para. 1(1)

[^key-158db8341a4e6a8f886656fc790be518]: Words in art. 23(2) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 17(4)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-159e2061da3941d68d294145e3f0eaeb]: Words in art. 60(4) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 35(4)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-15f513f64d0332cac26f2be92dc3aae2]: Art. 60(5) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 35(5); 2020 c. 1, Sch. 5 para. 1(1)

[^key-16e4d7016535fcb2b496cd39d3fd5a4b]: Words in art. 54(5) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 31(b)(i); 2020 c. 1, Sch. 5 para. 1(1)

[^key-16f3c67b369fa2ef7b40cdc383e47c8c]: Art. 8(3A)(3B) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 5(3); 2020 c. 1, Sch. 5 para. 1(1)

[^key-17e9f949c945b95f1e79b6295cde3b71]: Word in art. 54(5) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 31(b)(ii); 2020 c. 1, Sch. 5 para. 1(1)

[^key-18496f47e29f515340c5a7bafddce2d0]: Words in art. 66(6)(b)(ii) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 40(2)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-193d445b2c3f842b4fd94ba68969ddd7]: Words in art. 139(1) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 79(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1aad111153c28a3f1df25c3654de1219]: Art. 158(3)(4) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 90(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1b02d565f1d318c89673718fffd2ffac]: Words in art. 68(2) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 41(2)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1b463b6e55501e8616fe7ba3373bfc23]: Words in art. 2(1) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 1(4); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1b89a5f32c981679c6bd84ffb451c677]: Words in art. 101(1) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 56(2)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1bc343929a66dbe74683571c59a1ddb0]: Art. 19(2A) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 13(3); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1c14f0b5b76c2c86620b966a0c4841e3]: Word in art. 125(2) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 69(2)(c)(i); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1c9438c52e7a84fcff22555d3754e1c3]: Words in art. 58(2)(b) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 33(2)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1d1114f28baeb5848bae9b92e69d2c8b]: Word in art. 2(1) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 1(20); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1d7864cb131b726148cf26f5ccbe8766]: Words in art. 101(1) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 56(2)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-1edf4328cd5c328b326e804572620030]: Words in art. 2(1) substituted (31.12.2020) by The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1350), regs. 1(3), 74(2)

[^key-201d6150123554c5d85feac706b63c59]: Words in art. 165(2) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 95(3)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-20f0a40f788f738dfb32e17e64e4f967]: Word in art. 220 heading substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 111(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-20f68f35beb7a6efd0eaa444c0fbc2a6]: Words in art. 107 substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 60(2)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-2168371a9d4d09883b1ae61a2dc7e309]: Order: power to modify conferred (11.7.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 3, 86(3), Sch. 1 Pt. 2; S.I. 2023/779, reg. 2(d)

[^key-21fbb10aa600b9d0d8c0c8f7dc940037]: Words in art. 34(4) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 21(3)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-223b7ab97d921f8771d02c8c842155be]: Art. 115 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 64; 2020 c. 1, Sch. 5 para. 1(1)

[^key-22e3f3476429ad856f337d11c029d36e]: Art. 153 omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 86; 2020 c. 1, Sch. 5 para. 1(1)

[^key-22ea18ce087e60d313748cac0e362944]: Words in art. 37(2) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 24(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-238f18f70b0d4fceb4bf5545f2588474]: Words in art. 19(2)(b) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 13(2)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-23db5920526d39df24f185932696293f]: Words in art. 2(1) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 1(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-23dc0c0fe7ff486e7122dcfc18395267]: Word in art. 2(1) substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 1(23)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-2480c00cfc7e004b18a765294d003386]: Words in art. 66(6)(b)(i) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 40(2)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-24fb4642657c518058e4ccb4bc053759]: Words in art. 147(2) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 81(3)(a)(i); 2020 c. 1, Sch. 5 para. 1(1)

[^key-252977da733eaf0ea01afffdf478f333]: Words in art. 167(1) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 97(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-264b27b6be99b3e3a53dc7d91989c9a7]: Art. 62(3A) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 37(3); 2020 c. 1, Sch. 5 para. 1(1)