Article 41 Information to be transmitted for the purpose of drawing up group resolution plans

(1)

For the purposes of drawing up and adopting a group resolution plan the Bank must send relevant information F1to the appropriate regulator—

F2(a)

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(b)

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(c)

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(2)

This article does not require any information to be disclosed if its disclosure would be contrary to section 348 of FSMA as applied for the purposes of Part 1 of the Banking Act 2009 (with modifications) by section 89L of that Act M1 (restrictions on disclosure of confidential information).

F3(3)

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Annotations

Textual amendments

F1: Words in art. 41(1) inserted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 26(2)(a); 2020 c. 1, Sch. 5 para. 1(1)
F2: Art. 41(1)(a)(b)(c) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 26(2)(b); 2020 c. 1, Sch. 5 para. 1(1)
F3: Art. 41(3) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 26(3); 2020 c. 1, Sch. 5 para. 1(1)

Marginal citations

M1: Section 89L was inserted by S.I. 2014/3329.

Notes on the whole SI

Textual amendments

F1: Order revoked (14.12.2023 for the revocation of art. 227) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(x)