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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2023 - onwards
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Schedule 11, Part 3 Resolution plans (para. 4)

Section 57

Resolution plans

4

(1) The Treasury may by regulations make provision requiring the Bank to create and maintain a resolution plan for each CCP.

(2) The following are examples of provision that regulations under sub-paragraph (1) may make -

(a) provision specifying the information that must be contained in a resolution plan (including provision enabling the Bank to specify such information);

(b) provision requiring CCPs to give specified information to the Bank for the purpose of the Bank creating and maintaining a resolution plan (including provision enabling the Bank to specify the way in which such information is to be given);

(c) provision specifying the form of resolution plans (including provision enabling the Bank to specify the form);

(d) provision requiring the Bank to review resolution plans at specified intervals;

(e) provision requiring the Bank to provide specified information relating to a review to specified persons;

(f) provision requiring the Bank to give spe

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