Section 66(3)

Where the institution— the Bank must exercise pre-resolution powers with the object of requiring the institution to take specified measures to address or remove the impediments (“remedial measures”). fails to submit relevant proposals within the response period, or the Bank concludes that the measures set out in relevant proposals would not adequately address or effectively remove the impediments,

← 2 · All articles · 4 →

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