Made under the Bank Resolution (Recapitalisation) Act 2025
1 statutory instrument made using powers in the Bank Resolution (Recapitalisation) Act 2025, newest first. Each one is explained section by section in plain English.
The Bank Resolution (Recapitalisation) Act 2025 (Commencement) Regulations 2025
- Department: HM Treasury
- Made under: Bank Resolution (Recapitalisation) Act 2025
The regulations brought sections 1 to 7 of the Bank Resolution (Recapitalisation) Act 2025 into force on July 16th, 2025.
The Bank Resolution (Recapitalisation) Act 2025 (Commencement) Regulations 2025, enacted by the Treasury, bring sections 1 to 7 of the Bank Resolution (Recapitalisation) Act 2025 into effect on July 16th, 2025.
These sections cover recapitalisation payments, reporting requirements, notification to parliamentary committees, reimbursement procedures, a code of practice, and amendments to the Financial Services and Markets Act 2000 and the Banking Act 2009.
The regulations aim to provide a timely and effective framework for addressing the financial stability of banks.