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The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (revoked)

S.I. 2020/1350 · Made 2 December 2020 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 29 August 2023.

Financial Services And Markets

Made 2nd December 2020

Coming into force in accordance with regulation 1(2) to (4)

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Annotations to the whole text

Textual amendments

F1

Regulations revoked (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/779, reg. 3(b), Sch.

Contents

  1. Part 1: General Repealed
  2. 1Citation and commencement Repealed
  3. Part 2: Amendment of Primary Legislation made under the European Communities Act 1972 Repealed
  4. Chapter 1: Amendment of the Financial Services and Markets Act 2000 Repealed
  5. 2Amendment of the Financial Services and Markets Act 2000 Repealed
  6. Chapter 2: Amendment of the Banking Act 2009 Repealed
  7. 3Introduction Repealed
  8. 4Interpretation Repealed
  9. 5Removal of impediments to the exercise of stabilisation powers etc. Repealed
  10. 6Mandatory write-down, conversion etc. Repealed
  11. 7Regulation 7 Repealed
  12. 8Regulation 8 Repealed
  13. 9Bail-in: sequence of write-down and conversion of capital instruments and liabilities Repealed
  14. 10Special bail-in provision Repealed
  15. 11General interpretation of section 48B Repealed
  16. 12Pre-conditions for financial assistance: duty of Bank to give information Repealed
  17. 13Cases where mandatory write-down, conversion etc. applies: banking group companies Repealed
  18. 14Groups: sale to commercial purchaser and transfer to bridge bank: holding companies Repealed
  19. 15Groups: transfer to asset management vehicle: holding companies Repealed
  20. 16Groups: bail-in option: holding companies Repealed
  21. 17Regulation 17 Repealed
  22. 18Regulation 18 Repealed
  23. 19Regulation 19 Repealed
  24. 20Regulation 20 Repealed
  25. 21Resolution of banks not regulated by the PRA Repealed
  26. 22Resolution of recognised central counterparties Repealed
  27. 23Recognition of third-country resolution actions Repealed
  28. 24Resolution of UK branches of third-country institutions Repealed
  29. 25Index of defined terms Repealed
  30. Part 3: Amendment of Secondary legislation made under the European Communities Act 1972 Repealed
  31. 26Amendment of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 Repealed
  32. 27Amendment of the Credit Institutions (Reorganisation and Winding up) Regulations 2004 Repealed
  33. 28Amendment of the Banking Act 2009 (Restriction of Special Bail-in Provisions, etc) Order 2014 Repealed
  34. 29Amendment of the Bank Recovery and Resolution (No.2) Order 2014 Repealed
  35. 30Regulation 30 Repealed
  36. 31Regulation 31 Repealed
  37. 32Regulation 32 Repealed
  38. 33Regulation 33 Repealed
  39. 34Regulation 34 Repealed
  40. 35Regulation 35 Repealed
  41. 36Regulation 36 Repealed
  42. 37Regulation 37 Repealed
  43. 38Regulation 38 Repealed
  44. 39Regulation 39 Repealed
  45. 40Regulation 40 Repealed
  46. 41Regulation 41 Repealed
  47. 42Regulation 42 Repealed
  48. 43Regulation 43 Repealed
  49. 44Regulation 44 Repealed
  50. 45Regulation 45 Repealed
  51. 46Regulation 46 Repealed
  52. 47Regulation 47 Repealed
  53. 48Regulation 48 Repealed
  54. 49Regulation 49 Repealed
  55. 50Regulation 50 Repealed
  56. 51Regulation 51 Repealed
  57. 52Regulation 52 Repealed
  58. 53Regulation 53 Repealed
  59. 54Regulation 54 Repealed
  60. 55Regulation 55 Repealed
  61. 56Regulation 56 Repealed
  62. 57Regulation 57 Repealed
  63. 58Regulation 58 Repealed
  64. 59Regulation 59 Repealed
  65. 60Regulation 60 Repealed
  66. Part 4: Amendment of legislation made under the European Union (Withdrawal) Act 2018 Repealed
  67. Chapter 1: Amendment of Primary Legislation Repealed
  68. 61Amendment of the Banking Act 2009 Repealed
  69. 62Regulation 62 Repealed
  70. 63Regulation 63 Repealed
  71. 64Regulation 64 Repealed
  72. 65Regulation 65 Repealed
  73. 66Regulation 66 Repealed
  74. 67Regulation 67 Repealed
  75. 68Regulation 68 Repealed
  76. 69Regulation 69 Repealed
  77. 70Regulation 70 Repealed
  78. 71Regulation 71 Repealed
  79. 72Regulation 72 Repealed
  80. Chapter 2: Amendment of Secondary Legislation Repealed
  81. 73Amendment of the Credit Institutions (Reorganisation and Winding up) Regulations 2004 Repealed
  82. 74Amendment of the Bank Recovery and Resolution (No.2) Order 2014 Repealed
  83. Chapter 3: Amendment of EU Exit Legislation Repealed
  84. 75Amendment of the Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 Repealed
  85. 76Amendment of Schedule 1 Repealed
  86. 77Amendment of Schedule 3 Repealed
  87. 78Amendment of Schedule 4 Repealed
  88. 79Amendment of the Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019 Repealed
  89. Chapter 4: Revocation of technical standards under the Recovery and Resolution Directive Repealed
  90. 80Revocation of technical standards under the Recovery and Resolution Directive Repealed
  91. Part 5: Other Provision made under the European Communities Act 1972 Repealed
  92. Chapter 1: Suspension of obligations, interests and rights Repealed
  93. 81Interpretation Repealed
  94. 82Regulation 82 Repealed
  95. 83Suspension of obligations prior to exercise of stabilisation powers Repealed
  96. 84Suspension of security interests prior to exercise of stabilisation powers Repealed
  97. 85Suspension of termination rights prior to exercise of stabilisation powers Repealed
  98. 86Suspension prior to exercise of stabilisation powers: procedure Repealed
  99. 87Restriction on subsequent suspension Repealed
  100. 88Groups Repealed
  101. 89Suspension of obligations when Bank is exercising a stabilisation power Repealed
  102. 90Modification of Part for banks not regulated by the PRA Repealed
  103. Chapter 2: Power to prohibit distributions Repealed
  104. 91Power to prohibit distributions Repealed
  105. Chapter 3: Transfer of losses or capital between members of a group Repealed
  106. 92Transfer of losses or capital between members of a group Repealed
  107. Chapter 4: Contractual recognition of bail-in Repealed
  108. 93Interpretation Repealed
  109. 94Requirement to include a contractual term recognising bail-in Repealed
  110. 95Undertakings required to include a contractual term Repealed
  111. 96Contracts for which a contractual term is required Repealed
  112. 97Content of required term Repealed
  113. 98Evidence to demonstrate compliance with regulation 94 obligation Repealed
  114. 99Exclusions Repealed
  115. 100Determination of impracticality Repealed
  116. 101Suspension of the regulation 94 obligation Repealed
  117. 102Assessment of the determination of impracticability Repealed
  118. 103Determination that term is not impracticable Repealed
  119. 104Assessment of resolvability Repealed
  120. 105Exercise of power to remove impediments to resolvability Repealed
  121. 106Exclusion of liabilities from the minimum requirement for own funds and eligible liabilities Repealed
  122. 107Exercise of resolution powers where contractual term not included Repealed
  123. Chapter 5: Amendments to priority of debts in insolvency Repealed
  124. 108Transitional provision Repealed
  125. Amendment of the Insolvency Act 1986 Repealed
  126. 109Introduction Repealed
  127. 110Non-preferential debts in company voluntary arrangements Repealed
  128. 111Non-preferential debts in winding up of companies Repealed
  129. 112Non-preferential debts in bankruptcy proceedings Repealed
  130. 113Interpretation Repealed
  131. 114Administration Repealed
  132. Amendment of the Insolvency (Northern Ireland) Order 1989 Repealed
  133. 115Introduction Repealed
  134. 116Non-preferential debts in company voluntary arrangements Repealed
  135. 117Non-preferential debts in winding up of companies Repealed
  136. 118Non-preferential debts in bankruptcy proceedings Repealed
  137. 119Interpretation Repealed
  138. 120Administration Repealed
  139. Further Amendment of Insolvency Legislation Repealed
  140. 121Amendments of the Insolvent Partnerships Order 1994 Repealed
  141. 122Amendments of the Insolvent Partnerships Order (Northern Ireland) 1995 Repealed
  142. 123Housing Act 1996 Repealed
  143. 124Housing and Regeneration Act 2008 Repealed
  144. 125Housing (Scotland) Act 2010 Repealed
  145. 126Bankruptcy (Scotland) Act 2016 Repealed
  146. 127Regulation 127 Repealed
  147. 128Regulation 128 Repealed
  148. Signature
  149. Explanatory note