(1) The Bank shall ensure that adequate structural arrangements for the purposes of paragraph (4) are in place such that the staff involved in carrying out the functions as a resolution authority for the purposes of the Bank Recovery and Resolution Directive shall be structurally separate from and subject to separate reporting lines from the staff involved in carrying out the supervision tasks of the competent authority or other functions of the Bank.
(2) The Governor shall be responsible for exercising the functions of the resolution authority under these Regulations.
(3) Without limitation to the generality of paragraph (2), the Governor may delegate any of the functions referred to in that paragraph to a Head of Function (within the meaning given by section 2 of the Act of 1942) or an officer or employee of the Bank.
(4) The Bank shall ensure adequate structural arrangements are in place to ensure operational independence and to avoid conflicts of interest between the Bank's -
(a) f
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