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Home > Financial Stability > Previous resolutions

Previous resolutions

Previous resolutions under the Banking Act 2009  |  Resolutions prior to the Banking Act 2009

​The Banking Act 2009 created a resolution regime, with the Bank of England as resolution authority. To date there have been two resolutions under this regime. 

Before the permanent resolution regime came into effect, the authorities relied on emergency legislation in the Banking (Special Provisions) Act (2008) to carry out resolutions. Four institutions were resolved under these regulations.

Descriptions of these resolutions can be viewed in the links above.