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The Bank of England (Amendment) (EU Exit) Regulations 2018

This instrument amends the Bank of England Act 1998, the Financial Services Act 2012, the Cash Ratio Deposits (Eligible Liabilities) Order 1998, the Scottish and Northern Ireland Banknote Regulations 2009, the Bank of England Act 1998 (Macro-prudential Measures) Order 2013, the Bank of England Act 1998 (Macro-prudential Measures) (No 2) Order 2015 and the Bank of England Act 1998 (Macro-prudential Measures) Order 2016 in order to address failures of retained EU law to operate effectively and other deficiencies arising from the withdrawal of the United Kingdom from the European Union.

Statutory instrument

The Bank of England (Amendment) (EU Exit) Regulations 2018

Explanatory memorandum

The Bank of England (Amendment) (EU Exit) Regulations 2018

Sifting committees’ recommendation

The sifting committees agreed with the government that this statutory instrument does not have to have a debate in parliament, though one may still occur.