Part 5 Special resolution action
United Kingdom
- 15Special resolution objectives
- 16Code of Practice
- 17General conditions
- 18Effect on other group members
- 19Specific conditions: financial assistance cases
- 20Resolution liaison panel
- 21Restrictions on use of certain resolution powers
- 22Pre-resolution valuation
- 23Replacement of Bank’s provisional valuation
- 24Independent valuer: valuation under paragraph 22 or 23
- 25Independent valuer: supplemental
- 26Consequences of a replacement valuation
- 27Private sector purchaser
- 28Private sector purchaser: marketing
- 29Bridge central counterparty
- 30Transfer of ownership
- 31Tear-up power
- 32Cash call power
- 33Power to reduce variation margin payments
- 34Write-down power
- 35Powers in relation to securities
- 36Report on provisions in write-down instrument
- 37Priority between creditors
- 38Power to take control
- 39Shadow directors etc
- 40Interpretation: “securities”
- 41Share transfer instrument
- 42Effect
- 43Continuity
- 44Conversion and delisting
- 45Directors and senior managers
- 46Ancillary instruments: production, registration, etc
- 47Incidental provision
- 48Procedure: instruments
- 49Supplemental instruments
- 50Onward transfer
- 51Reverse share transfer
- 52Bridge central counterparties: share transfers
- 53Bridge central counterparties: reverse share transfer
- 54Property transfer instrument
- 55Effect
- 56Transferable property
- 57Continuity
- 58Directors and senior managers
- 59Recognised central counterparty rules
- 60Recognised central counterparty membership
- 61Licences
- 62Foreign property
- 63Incidental provision
- 64Procedure
- 65Property transfer instrument: delisting
- 66Transfer of property subsequent to resolution instrument
- 67Supplemental instruments
- 68Private sector purchaser: reverse property transfer
- 69Onward transfer
- 70Bridge central counterparties: reverse property transfer
- 71Transfer of ownership and private sector purchaser: property transfer
- 72Transfer of ownership: reverse property transfer
- 73Bridge central counterparty: supplemental property transfer powers
- 74Bridge central counterparty: supplemental reverse property transfer powers
- 75Restriction of partial transfers
- 76Power to protect certain interests
- 77Creation of liabilities
- 78Regulations for safeguarding certain financial arrangements: write-down instruments
- 79Resolution instruments: effect and supplementary matters
- 80Write-down instruments: supplementary
- 81Resolution instruments: procedure
- 82Supplemental resolution instruments
- 83Directors and senior managers
- 84Termination rights etc
- 85Deferment
- 86Recovery of expenses
- 87Compensation scheme
- 88Instruments: notification of members and creditors
- 89General continuity obligation: property transfers
- 90Special continuity obligations: property transfers
- 91Continuity obligations: onward property transfers
- 92General continuity obligation: share transfers
- 93Special continuity obligations: share transfers
- 94Continuity obligations: onward share transfers
- 95Continuity obligations: consideration and terms
- 96Continuity obligations: termination
- 97Suspension of obligations
- 98Restriction of security interests
- 99Suspension of termination rights
- 100Suspension: general provision
- 101Stay on terminating membership
- 102Restriction on remuneration
- 103Pensions
- 104Disputes
- 105Tax
- 106Stay or sist of legal proceedings
- 107Insolvency proceedings
- 108Recognition of transferee company
- 109International obligation notice: general
- 110International obligation notice: bridge central counterparty
- 111Public funds: general
- 112Public funds: bridge central counterparty
- 113Private sector purchaser: report
- 114Bridge central counterparty: report
- 115Resolution instruments: report
- 116Transfer of ownership: report
- 117Sale to commercial purchaser, transfer to bridge central counterparty and transfer of ownership: conditions for group companies
- 118Paragraph 117: supplemental