Paragraph 12 I1
United Kingdom
An offer of relevant securities resulting from the conversion or exchange, directly or indirectly, of other securities, own funds or other liabilities under—
(a)
Part 1 of the Banking Act 2009 (special resolution regime), or
(b)
Schedule 11 to the Financial Services and Markets Act 2023 (central counterparties).
Annotations
Commencement
- I1
Sch. 1 para. 12 in force at 30.1.2024 for specified purposes and otherwise in accordance with reg. 2(3), see reg. 2(2)(3)