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Item Details
Title: BANKING REFORM
DRAFT SECONDARY LEGISLATION
By: Great Britain: H. M. Treasury, Great Britain: Department for Business, Innovation and Skills
Format: Paperback

List price: £21.25


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 010186602X
ISBN 13: 9780101866026
Publisher: TSO
Pub. date: 17 July, 2013
Series: Cm. 8660
Pages: 106
Synopsis: The Financial Services (Banking Reform) Bill aims to establish a more resilient, stable and competitive banking sector; to reduce the severity of a future financial crisis; and to protect taxpayers in the event of such a crisis. It is primarily an enabling Bill, which provides HM Treasury with the requisite powers to implement the policy underlying the Bill through secondary legislation. Three illustrative draft instruments were published in March 2013 in order to aid Parliamentary scrutiny of the Bill, and the Government has continued to develop those instruments. This paper invites comments on a further four statutory instruments: Ring-fenced Bodies and Core Activities Order; Excluded Activities and Prohibitions Order; Banking reform (Loss Absorbency Requirement) Order; and the Fees and Prescribed International Organisations Regulations. Further secondary legislation is planned for pensions and building societies.
Publication: UK
Imprint: TSO
Returns: Non-returnable
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