Chapter 3 Special resolution actionF1
United Kingdom
- Objectives and code
- Mandatory write-down, conversion etc of capital instruments
- Valuation before mandatory write-down of capital or stabilisation action
- Exercise of powers: general
- The stabilisation options
- Transfer of securities
- Transfer of property
- Bail-in option
- Replacement of provisional valuation
- Termination rights etc
- Compensation
- Independent valuer: valuation under section 6E or 48X
- Resolution administrator
- Incidental functions
- Treasury
- Groups
Annotations
Textual amendments
- F1
Pt. 1 Ch. 3 formed from ss. 4-83 (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 7
Notes on Part 1
Modifications
- C1
Pt. 1 restricted (7.1.2010) by Banking Act 2009 (Exclusion of Insurers) Order 2010 (S.I. 2010/35), arts. 1, 2
- C2
Pt. 1: power to amend conferred (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 17(3)(f), 148(5); S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2