UK Government Banking Support Measures Including Reform of UK Banking Regulations

Morrison & Foerster LLP
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OVERVIEW:

UK Government recapitalisation and funding facilities

• Bank of England liquidity facilities

• Banking Act 2009

• special resolution regime

• bank insolvency procedure

• bank administration procedure

• Rights issues and other private sector funding alternatives

• Other EU regulatory developments

• Long term implications for the banking industry

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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