The Banking Act 2009 (Third Party Compensation Arrangements for Partial Property Transfers) (Amendment) Regulations 2014
These Regulations amend the Banking Act 2009 (Third Party Compensation Arrangements for Partial Property Transfers) Regulations 2009 (S.I. 2009/319) to apply to investment firms the provisions made by those Regulations in relation to a “banking institution”. Those Regulations specify provisions which must, or which may, be included in a third party compensation order made in accordance with section 59 of the Banking Act 2009 (c. 1) (“the Act”) in relation to a partial property transfer (as defined by section 47 of the Act).