Ref: ISBN 978-1-84532-801-6, PU1093
Unnumbered act paper
PDF, 936KB, 56 pages
The code of practice, issued in accordance with section 6 of the Banking Act 2009, supports the legal framework of the special resolution regime, and provides guidance as to how and in what circumstances the authorities will use the special resolution tools.
The code was laid before Parliament on 22 November