Statutory Instruments
2025 No. 872 (C. 37)
BANKS AND BANKING
The Bank Resolution (Recapitalisation) Act 2025 (Commencement) Regulations 2025
Made
14th July 2025
The Treasury make these Regulations in exercise of the power conferred by section 8(2) of the Bank Resolution (Recapitalisation) Act 2025(1).
Citation
1. These Regulations may be cited as the Bank Resolution (Recapitalisation) Act 2025 (Commencement) Regulations 2025.
Commencement
2. The following provisions of the Bank Resolution (Recapitalisation) Act 2025 come into force on 16th July 2025—
(a)section 1 (recapitalisation payments);
(b)section 2 (reporting);
(c)section 3 (notification to Parliamentary Committees);
(d)section 4 (reimbursement in respect of recapitalisation payments);
(e)section 5 (code of practice);
(f)section 6 (amendments to the Financial Services and Markets Act 2000)(2);
(g)section 7 (amendments to the Banking Act 2009)(3).
Jeff Smith
Taiwo Owatemi
Two of the Lords Commissioners of His Majesty's Treasury
14th July 2025