Section 156A

The Bank may make technical standards relating to requirements concerning the contractual recognition of bail-in. Technical standards under paragraph (1) may include provision specifying— liabilities that must be excluded from these requirements; or the content of the contractual term that is comprised in these requirements. In exercising its functions under this article the Bank must take into account the different business models of banks.

← 156 · All articles · 1 →

Source: legislation.gov.uk · retrieved 2026-09-04