Commentary on Sections Exercise of powers: general Section 10: Banking Liaison Panel
40.This section provides for a new Banking Liaison Panel to advise the Treasury on:
	the effect of the special resolution regime on banks, their counterparties and the financial markets
	the exercise of the powers to make statutory instruments of Parts 1, 2 or 3 (excluding certain regulations and orders).
	the making of the section 5 code of practice
	any matter referred to them by the Treasury
41.The members of the Panel will include representatives of the Authorities, FSCS and from the banking, legal and insolvency sectors.