Consultation outcome

Consultation on the transposition of the Bank Recovery and Resolution Directive II

From:
HM Treasury
Published
23 June 2020
Last updated
15 October 2020 — See all updates
This consultation has concluded

Download the full outcome

Transposition of the Bank Recovery and Resolution Directive (BRRD) II response to consultation

Ref: ISBN 9781913635763

PDF, 226 KB, 17 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Detail of outcome

On 23 June 2020, HM Treasury published a consultation document, ‘Transposition of the Bank Recovery and Resolution Directive II’. The consultation closed on 11 August 2020. The consultation response document summarises the responses received from the consultation, sets out the Government’s approach to implementation of the Directive, and provides an update on the forthcoming legislation.

Original consultation

Summary

A consultation to seek views on the transposition of BRRDII.

This consultation ran from
to

Consultation description

BRRD II entered into force on 27 June 2019.

The Directive makes amendments to the original 2014 Bank Recovery and Resolution Directive (BRRD) provisions, in order to update the EU’s resolution policy and Minimum Requirements for Own Funds and Eligible Liabilities (MREL) framework.

The Directive must be transposed into national law by 28 December 2020. The consultation sought views on the UK’s approach to the transposition of BRRD II.

Documents

Transposition of the Bank Recovery and Resolution Directive II: consultation

PDF, 262 KB, 22 pages

Published 23 June 2020
Last updated 15 October 2020 + show all updates

  1. Outcome of consultation has been added.

  2. First published.

Related content