Policy paper
Bank Levy: changes to scope and administration
This measure limits the Bank Levy to UK activities and makes other changes to the regime.
This was published under the 2016 to 2019 May Conservative government
Documents
PDF, 162 KB, 29 pages
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Details
This measure changes the scope of the Bank Levy, so that it will generally only be chargeable on UK activities of banks and building societies.
There will also be complementary changes to the Bank Levy rules, for example to take into account the introduction of ring-fencing rules for banks, and new requirements loss absorbing capacity within groups.
Updates to this page
Published 13 September 2017