Statute
Banking Act 2009
28 published works
Banking, Finance and Securities
BoE launches consultation on regulating systemic stablecoins
By Hannah Meakin (UK), Simon Lovegrove (UK), Charlotte Carnegie
On 10 November 2025, the Bank of England (BoE) published a consultation paper setting out its proposed regulatory regime for sterling-denominated systemic stablecoins. Overview Sterling-denominated systemic stablecoins are a new…
Banking, Finance and Securities
Banking Act 2009: special resolution regime code of practice (revised July 2025)
On 15 July 2025, HM Treasury published a revised edition of the Banking Act 2009: special resolution regime code of practice. The code of practice, issued in accordance with sections…
Banking, Finance and Securities
The Banking Act 2009 (Wholesale Cash Oversight Fees) Regulations 2024
By Anita Edwards, Simon Lovegrove (UK)
On 17 December 2024, the Banking Act 2009 (Wholesale Cash Oversight Fees) Regulations 2024 were laid before Parliament and published on legislation.gov.uk, along with an explanatory memorandum. The Regulations approve…
Global Regulation Tomorrow
Responses to the consultation on the BoE’s supervisory approach to wholesale cash distribution
By Matthew Gregory (UK), Joe Bamford (UK), Simon Lovegrove (UK)
On 18 August 2023, the Bank of England (BoE) published its response on the feedback received to its December 2022 consultation on its supervisory approach to wholesale cash distribution (WCD).…
Global Regulation Tomorrow
HM Treasury publishes draft SI – The Amendments of the Law (Resolution of Silicon Valley Bank UK Limited) (No. 2) Order 2023
By Simon Lovegrove (UK), Anita Edwards
On 10 May 2023, HM Treasury published a draft of The Amendments of the Law (Resolution of Silicon Valley Bank UK Limited) (No. 2) Order 2023, along with a draft…
Global Regulation Tomorrow
Silicon Valley Bank UK: the regulatory tools in play
By Jonathan Herbst (UK), Matthew Gregory (UK), Jochen Vester (UK), Simon Lovegrove (UK)
Introduction: what are the facts? The Bank of England (BoE) has a number of resolution tools at its disposal which are provided for in legislation following the 2008 global financial…
Global Regulation Tomorrow
Bank of England consults on the supervisory approach to wholesale cash distribution
On 15 December 2022, the Bank of England (BoE) published a Consultation Paper on the supervisory approach to wholesale cash distribution. The Consultation Paper sets out proposals for how the…
Global Regulation Tomorrow
Amendment to section 48D of the Banking Act 2009: consultation response
By Simon Lovegrove (UK), Jochen Vester (UK)
On 2 March 2022, HM Treasury published its response to its earlier consultation regarding amendment to section 48D of the Banking Act 2009. The previous consultation document outlined how the…
Global Regulation Tomorrow
HM Treasury consults on amendments to section 48D of the Banking Act 2009
On 7 September 2021, HM Treasury issued a consultation paper regarding proposed amendments to section 48D of the Banking Act 2009 (the 2009 Act). Following its earlier consultation on the…
Global Regulation Tomorrow
Bank of England publishes an operational guide to executing bail-in
By Hannah Meakin (UK), Simon Lovegrove (UK), Arup Sen
Bail-in is a key stabilisation tool afforded to the Bank of England by the Banking Act 2009, that ensures investors rather than public funds bear the burden of resolving failing…