The Banking Act 2009 (Exclusion of Investment Firms of a Specified Description) Order 2014 (revoked)
This Order excludes a specified type of institution from the meaning of “investment firm” given in section 258A of the Banking Act 2009 (c. 1). The institutions excluded are investment firms of a description given in Article 29 of Directive 2013/36/EU (OJ No. L 176, 27.6.2013), which are not subject to the initial capital requirement (EUR 730,000) specified in Article 28(2) of that Directive.
Lifecycle
Department
Made
09 Jul 2014
—
In force
01 Aug 2014
Enabling power
A draft of this Order has been laid before and approved by resolution of each House of Parliament in accordance with section 258A(3) of that Act.
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