Banking Act of 2010

GPTKB entity

Statements (47)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:aims_to protect depositors
ensure financial stability
gptkbp:allows temporary public ownership of banks
gptkbp:amended_by gptkb:Banking_Act_2009
gptkb:Financial_Services_Act_2012
gptkb:Banking_Reform_Act_2013
gptkbp:applies_to banks
investment firms
building societies
gptkbp:effective_date 2010-12-16
gptkbp:enacted_by gptkb:United_Kingdom_Parliament
gptkbp:enforces gptkb:Prudential_Regulation_Authority
gptkb:Financial_Conduct_Authority
gptkbp:established gptkb:Financial_Services_Compensation_Scheme
https://www.w3.org/2000/01/rdf-schema#label Banking Act of 2010
gptkbp:includes consumer protection measures
provisions for bank resolution
provisions for bail-in
gptkbp:introduced special resolution regime
gptkbp:is_cited_in legal cases regarding banking regulations
academic studies on financial regulation
government reports on financial stability
international banking regulations discussions
policy discussions on banking reform
gptkbp:is_criticized_for not addressing too big to fail
too much government intervention
gptkbp:is_implemented_in gptkb:Bank_of_England
gptkbp:is_opposed_by free market advocates
banking industry representatives
gptkbp:is_part_of UK financial regulation framework
gptkbp:is_related_to gptkb:Financial_Services_Act_2012
gptkb:Banking_Reform_Act_2013
gptkbp:is_reviewed_by gptkb:House_of_Lords_Economic_Affairs_Committee
gptkb:House_of_Commons_Treasury_Committee
gptkbp:is_subject_to European Union regulations
gptkbp:is_supported_by consumer rights groups
financial stability advocates
gptkbp:mandates stress testing of banks
gptkbp:provides gptkb:financial_services_company
financial stability
transparency in banking operations
gptkbp:related_to financial crisis of 2007-2008
gptkbp:replaced_by gptkb:Banking_Act_1987
gptkbp:requires banks to hold capital reserves
gptkbp:bfsParent gptkb:U._S._Code_Title_12
gptkbp:bfsLayer 7