OpenLegislation

Part 9B Ring-fencingC1F1

United Kingdom

  1. Introductory
  2. Ring-fenced bodies not to carry on excluded activities or contravene prohibitions
  3. Ring-fencing rules
  4. Group restructuring powers
  5. Failure of parent undertaking to comply with direction
  6. Pension liabilities
  7. Loss-absorbency requirements
  8. General

Annotations

Textual amendments

F1

Pt. 9B inserted (1.3.2014 for the insertion of ss. 142A-142F, 142I, 142W-142Z1 for specified purposes, 21.4.2016 for the insertion of s. 142H, 1.1.2019 in so far as not already in force) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 4(1), 148(5); S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2; S.I. 2016/512, art. 2(a); S.I. 2018/1306, art. 2(d)

Modifications

C1

Pt. 9B power to apply (with modifications) conferred (1.1.2019) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 7(2)(b), 148(5); S.I. 2018/1306, art. 2(f)