The Financial Services (Banking Reform) Act 2013 (Commencement No. 7) Order 2014 was made on 26 November: see here or here (pdf). The Order brings into force on 31 December 2014 several provisions in the Financial Services (Banking Reform) Act 2013 including section 13 (preferential debts) and section 133(2)(a) (power of the FCA and PRA to make rules applying to parent undertakings).
Friday, 28 November 2014
UK: The Financial Services (Banking Reform) Act 2013 (Commencement No. 7) Order 2014
The Financial Services (Banking Reform) Act 2013 (Commencement No. 7) Order 2014 was made on 26 November: see here or here (pdf). The Order brings into force on 31 December 2014 several provisions in the Financial Services (Banking Reform) Act 2013 including section 13 (preferential debts) and section 133(2)(a) (power of the FCA and PRA to make rules applying to parent undertakings).
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