# The Bank Recovery and Resolution (No. 2) Order 2014, Article 182: Matters to be notified by the regulator to the Bank


The regulator must notify the Bank if—
(a) an undertaking notifies the regulator that the undertaking is failing or likely to fail (within the meaning given in section 7(5C) of the Banking Act 2009); or
(b) the regulator requires an undertaking to take crisis prevention measures or a supervisory measure.

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Source: https://www.legislation.gov.uk/uksi/2014/3348/article/182 (the official version)
Page: https://openlegislation.uk/bank-recovery-and-resolution-no-2-order-2014/article-182
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.