8 Independent review of operation of legislation relating to ring-fencing
Financial Services (Banking Reform) Act 2013 (2013 c 33) | Legislation

Reviews

8  Independent review of operation of legislation relating to ring-fencing

(1)     The Treasury must, before the end of the initial period, appoint a panel of at least 5 persons (“the review panel”) to carry out a review of the operation of the legislation relating to ring-fencing.

(2)     “The legislation relating to ring-fencing” means—

(a)     Part 9B of FSMA 2000 (as inserted by section 4);

(b)     orders and regulations made by the Treasury under that Part;

(c)     ring-fencing rules, as defined by section 142H(3) of FSMA 2000, made by the FCA or the PRA;

(d)     section 192JA of FSMA 2000 (as inserted by section 133);

(e)     rules made by the FCA or the PRA under

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