Wednesday, 8 June 2016
The Bank of England and Financial Services Act 2016 (Commencement No. 3) Regulations 2016 were made yesterday: see here or here (pdf). They bring into force various provisions of the Bank of England and Financial Services Act 2016 on July 6, including section 2 (term of office of non-executive directors) and section 3 (abolition of the Oversight Committee). A short explanatory note is available here and a note concerning earlier commencement orders is available here.