- HMT publishes draft Brexit Regulation concerning bank recovery and resolution
Financial Services analysis: HM Treasury has published draft statutory instrument (SI), the Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018, which will make amendments to retained EU law related to UK implementation of Bank Recovery and Resolution Directive (BRRD). The government expects to lay the SIs before Parliament under the European Union (Withdrawal) Act 2018 in autumn 2018.
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