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As part of reforms being made to the regulatory framework governing banks, including the
Financial Services (Banking Reform) Bill currently before
Parliament, the
Government has published draft
secondary legislation for comment: see
here (
pdf). Drafts of the following are included: Ring-fenced Bodies and Core Activities Order; Excluded Activities and Prohibitions Order; Banking Reform (Loss Absorbency Requirements) Order; and Prescribed International Organisations Regulations.
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