Third Country Firms

Application provision

1.1 The changes to this rule are effective from 23:00 on 31/12/2020.

Unless otherwise stated, this Part applies only to:

  1. (1) [deleted.]
  2. (2) a third country firm.
  3. that is:
  4. (3) a bank; or
  5. (4) a designated investment firm.

1

Application and Definition

1.1

31/12/2020

The changes to this rule are effective from 23:00 on 31/12/2020.

Unless otherwise stated, this Part applies only to:

  1. (1) [deleted.]
  2. (2) a third country firm.
  3. that is:
  4. (3) a bank; or
  5. (4) a designated investment firm.

1.2

05/09/2014

In this Part the following definition shall apply:

means, in relation to a firm, the plan for the resolution of the firm prepared by the authority in the jurisdiction of the firm’s head office responsible for the firm’s resolution.

2

Adequacy of Resolution Plan

2.1

05/09/2014

This chapter applies only to a third country firm that is:

  1. (1) a bank; or
  2. (2) a designated investment firm.

2.2

05/09/2014

A firm must take all steps within its control to ensure that its resolution plan provides adequately for the resolution of the firm’s UK branch.

3

Branch Return

3.1

01/01/2020

[Deleted.]

4

Form

4.1

01/01/2020

[Deleted.]