The special resolution regime under the Banking Bill

Rosali Pretorius, partner, Financial Markets and Regulation. Tel: +44 (0)20 7246 7181, email: rosali.pretorius@dentonwildesapte.com

On 7 October 2008, Parliament heard the first reading of the Banking Bill. The second reading started on 14 October. The Banking Bill will replace the Banking (Special Provisions) Act, which will lapse in February 2009.