Section 11(1)
The Bank Recovery and Resolution (No. 2) Order 2014 · United Kingdom
This Chapter applies where an institution— is authorised by the PRA or FCA and is not part of a group subject to supervision on a consolidated basis in accordance with the capital requirements regulation and CRR rules; and submits a recovery plan to the appropriate regulator for assessment ....
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Source: legislation.gov.uk · retrieved 2026-09-04