There has been published on the legislation.gov.uk website The Investment Bank (Amendment of Definition) and Special Administration (Amendment) Regulations 2017 (the Regulations). The Regulations amend the Investment Bank Special Administration Regulations 2011 (the principal Regulations) to implement changes in response to recommendations by Peter Bloxham, who carried out the first statutory review of the principal Regulations. The Regulations also amend section 232 of the Banking Act 2009 (the Act), which defines “investment bank” for the purposes of sections 233 and 234 of the Act, under which the principal Regulations are made. The Regulations were made on 16 March 2017 and will come into force 21 days later, that is 6 April 2017.
View Investment Bank (Amendment of Definition) and Special Administration (Amendment) Regulations 2017 published, 17 March 2017