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  1. Bank Recovery and Resolution Order 2016 [SI 2016 No. 1239]
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Published date: 15 December 2016

Bank Recovery and Resolution Order 2016 [SI 2016 No. 1239]

Consolidation Status: Updated to reflect all known changes

To be revoked by s. 1 and Sch. 1 Pt 2 to the Financial Services and Markets Act 2023 (c. 29) (FSMA 2023), Sch. 1 Pt 2 not yet fully commenced.

Comparing proposed amendment...
Introductory Text
Part 1 Citation and commencement (art. 1)
In force
 Article 1 Citation and commencement
Part 2 Amendments of the Banking Act 2009 and related provision (arts. 2-28)
Chapter 1 Amendments of the Banking Act 2009 (arts. 2-27)
In force
 Article 2 Introduction to amendments of the Banking Act 2009
In force
 Article 3 Overview
In force
 Article 4 Interpretation of Part 1 of the Banking Act 2009
In force
 Article 5 Removal of impediments to the exercise of the stabilisation powers etc
In force
 Article 6 Cases where mandatory write-down, conversion etc applies
In force
 Article 7 General conditions
In force
 Article 8 Private sector purchasers
In force
 Article 9 Onward transfers
In force
 Article 10 Reverse share transfers
In force
 Article 11 Property transfer instruments: special bail-in provision
In force
 Article 12 Property transfer instruments and bail-in: supplementary matters
In force
 Article 13 Resolution company: asset and liability transfers from subsidiary banks
In force
 Article 14 Recovery of expenses
In force
 Article 15 Termination rights etc
In force
 Article 16 Onward and reverse transfers
In force
 Article 17 Independent valuation
In force
 Article 18 Cases where mandatory write-down etc applies: banking group companies
In force
 Article 19 Section 83ZW: renumbering
In force
 Article 20 Building societies
In force
 Article 21 Building societies: Bridge bank option
In force
 Article 22 Building Societies: amendment of section 84D
In force
 Article 23 Application to investment firms
In force
 Article 24 Application to recognised central counterparties
In force
 Article 25 Restrictions on disclosure of confidential information
In force
 Article 26 Bank administration
In force
 Article 27 Index of defined terms
Chapter 2 Building Societies: charges
In force
 Article 28 Building Societies: charges
Part 3 Resolution of UK branches of third-country institutions (art. 29)
In force
 Article 29 Resolution of UK branches of third-country institutions
Part 4 Amendments of the Financial Services and Markets Act 2000 (arts. 30-35)
In force
 Article 30 Introduction to amendments of the Financial Services and Markets Act 2000
In force
 Article 31 General meeting
In force
 Article 32 Removal of directors and senior executives and appointment of temporary manager
In force
 Article 33 Assessment and resolution
In force
 Article 34 Restrictions on disclosure of confidential information
In force
 Article 35 Supervisory notices
Part 5 Amendments of secondary legislation (arts. 36-41)
In force
 Article 36 Banking Act 2009 (Restriction of Partial Property Transfers) Order 2009
In force
 Article 37 Banking Act 2009 (Exclusion of Investment Firms of a Specified Description) Order 2014
In force
 Article 38 Banking Act 2009 (Third Party Compensation Arrangements for Partial Property Transfers) Regulations 2009
In force
 Article 39 Banking Act 2009 (Restriction of Special Bail-in Provision, etc) Order 2014
In force
 Article 40 Banking Act 2009 (Mandatory Compensation Arrangements Following Bail-in) Regulations 2014
In force
 Article 41 Bank Recovery and Resolution (No. 2) Order 2014
Part 6 Review (art. 42)
Revoked
 Article 42 Review
Signature
Explanatory Note
Explanatory Memorandum
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