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Bank Resolution (Recapitalisation) Act 2025

Government Bill

Originated in the House of Lords, Session 2024-26

Act of Parliament (1)

Full text of the Act of Parliament as passed by Parliament (this is the Act in its original state. The Act may have been amended by another Act and any such amendments are not shown in this version).

Bank Resolution (Recapitalisation) Act 2025 (c. 15)
15 May 2025

Full text of the Bill as introduced and further versions of the Bill as it is reprinted to incorporate amendments (proposals for change) made during its passage through Parliament.

HL Bill 95 Commons Amendments
25 April 2025
Lords
Bill 180 2024-25 (as amended in Public Bill Committee)
11 February 2025
Commons
Bill 180 2024-25 (as amended in Public Bill Committee) - large print
11 February 2025
Commons
Bill 132 2024-25 (as brought from the House of Lords)
13 November 2024
Commons
Bill 132 2024-25 (as brought from the House of Lords) - large print
13 November 2024
Commons
Bill 132 2024-25 (as brought from the House of Lords) - xml download
13 November 2024
Commons

Commons 1st reading

Bill 132 2023-24 (as brought from the House of Lords)
13 November 2024
Commons

Documents to explain the purpose of the Bill.

HL Bill 95 Explanatory Notes on Commons Amendments
25 April 2025
Lords
Bill 132 EN 2024-25
13 November 2024
Commons
Bill 132 EN 2024-25 - large print
13 November 2024
Commons
18 July 2024
Lords

Speaker's provisional selection and grouping of amendments at Report Stage
24 April 2025
Commons

In the House of Commons, amendments are grouped together so that amendments relating to a particular topic or issue are discussed together.

Chair’s provisional selection and grouping of amendments in Committee - 11 February 2025
10 February 2025
Commons

The Government provide a delegated powers memorandum for all public (including hybrid) bills to justify the delegation of powers, usually to Ministers, in the bill. For reports of the Delegated Powers and Regulatory Reform Committee, see “Select Committee Reports”.

Bank Resolution (Recapitalisation) Bill: Delegated Powers Memorandum
18 July 2024
Lords

Full list of amendment papers relating to the Bill. Individual amendment papers will be replaced with consolidated lists before the amendments are discussed. Page and line references in amendment papers refer to the PDF version of the Bill.

Consideration of Bill Amendments as at 24 April 2025
24 April 2025
Commons
Consideration of Bill Amendments as at 24 April 2025 - large print
24 April 2025
Commons
Notices of Amendments as at 23 April 2025
23 April 2025
Commons
Notices of Amendments as at 22 April 2025
22 April 2025
Commons
Notices of Amendments as at 9 April 2025
9 April 2025
Commons
Public Bill Committee Amendments as at 11 February 2025
11 February 2025
Commons
Notices of Amendments as at 10 February 2025
10 February 2025
Commons
Notices of Amendments as at 7 February 2025
7 February 2025
Commons
Notices of Amendments as at 6 February 2025
6 February 2025
Commons
Notices of Amendments as at 5 February 2025
5 February 2025
Commons
Notices of Amendments as at 27 January 2025
27 January 2025
Commons
HL Bill 2-R-I Marshalled list for Report
31 October 2024
Lords
HL Bill 2-R Running list of amendments – 30 October 2024
30 October 2024
Lords
HL Bill 2-R Running list of amendments – 29 October 2024
29 October 2024
Lords
HL Bill 2-R Running list of amendments – 24 October 2024
24 October 2024
Lords
HL Bill 2-R Running list of amendments – 23 October 2024
23 October 2024
Lords
HL Bill 2-R Running list of amendments – 16 October 2024
16 October 2024
Lords
HL Bill 2-R Running list of amendments – 11 October 2024
11 October 2024
Lords
HL Bill 2-R Running list of amendments – 10 October 2024
10 October 2024
Lords
HL Bill 2-II Second marshalled list for Grand Committee
6 September 2024
Lords
HL Bill 2-I Marshalled list for Grand Committee
3 September 2024
Lords
HL Bill 2(c) Amendments for Grand Committee
2 September 2024
Lords
HL Bill 2(b) Amendments for Grand Committee
30 August 2024
Lords
HL Bill 2(a) Amendments for Grand Committee
23 August 2024
Lords

Details of proceedings in Public Bill Committee or Committee of the whole House, on any report (consideration) stage, and on any consideration of Lords Amendments or any subsequent Lords Messages. The documents contain the text of amendments considered at each sitting and show whether it was agreed to, negatived (not agreed), not called, not moved or withdrawn.

Report Stage Proceedings as at 24 April 2025
24 April 2025
Commons
Public Bill Committee Proceedings as at 11 February 2025
11 February 2025
Commons

House of Commons Library and House of Lords Library briefing papers aim to be politically impartial, containing factual information as well as a range of opinions on each subject. Briefing papers on Bills are produced before Second Reading and, in the Commons, after Committee Stage.

Bank Resolution (Recapitalisation) Bill [HL] 2024-25: Progress of the Bill
7 March 2025
Commons
Bank Resolution (Recapitalisation) Bill [HL]: HL Bill 2
25 July 2024
Lords

The following select committee reports have been identified as relevant to the debate on the Bill.

First Report of the Delegated Powers and Regulatory Reform Committee
5 September 2024
Lords

Archive of press notices related to the Bill.

Bank Resolution (Recapitalisation) Bill: call for evidence
28 January 2025
Commons

Occasionally questions put to government Ministers during debates on Bills in either the House of Commons or the House of Lords may be answered by the Minister saying 'I will write to the Hon Member'. Such “will write” replies are not published in Hansard but are placed in the Library of the House concerned and published on the Parliamentary website.

Letter from Lord Livermore to Baroness Vere regarding Bank of England consultation, and Code of Practice.
15 October 2024
Letter from Lord Livermore to Baroness Noakes regarding questions raised during the Committee stage: the amount the Financial Services Compensation Scheme (FSCS) can borrow from the Treasury, section 5 of the Banking Act and the Code of Practice, notifying Parliament of the mechanism’s use.
19 September 2024
Letter from Lord Livermore to Baroness Bowles regarding questions raised during the Committee stage: principle and detail of clause 4(3) of the Bill.
19 September 2024
Letter from Lord Livermore to Lord Vaux regarding questions raised during the Committee stage: provisions to recoup dividends, Bank of England ex-post scrutiny reports, second or subsequent recapitalisation payments, firms placed in insolvency from a Bridge Bank.
19 September 2024
Letter from Lord Livermore to Baroness Vere regarding questions raised during the Committee stage: number of firms on the MREL glide path, outcome of the Resolvability Assessment Framework, multiple firm failures, firms contributing to the costs of the new mechanism, FSCS resources.
19 September 2024
Letter dated 02/09/2025 from Lord Livermore to Lord Eatwell regarding issues raised during the Second Reading of the Bank Resolution (Recapitilisation)(BRR) Bill: cost-benefit analysis, systemic risk and role of public support, multiple bank failures.
2 September 2024
Letter from Lord Livermore to Baroness Kramer regarding the previous government’s management of the failure of Silicon Valley Bank (SVB) UK and the impact of this on the ring-fencing regime.
21 August 2024
Letter from Lord Livermore to Lord Moylan regarding whether the costs of litigation would be in scope of Financial Services Compensation Scheme (FSCS) levies under the new mechanism, as discussed during the Second Reading.
21 August 2024
Letter from Lord Livermore to Lord Vaux regarding factors considered when deciding which firms should maintain a Minimum Requirement for Own Funds and Eligible Liabilities (MREL) above minimum capital requirements, given that resolution is in the public interest should public funds be used rather than money from industry.
21 August 2024

Full transcripts

Commons Committee stage

Compilation PDF of all Committee Debate sittings so far
11 February 2025
Commons
11 February 2025
Commons

Link to the relevant section in the Commons Hansard Daily Report

Commons 2nd reading

2nd reading - Commons Hansard link
22 January 2025
Commons

Commons Report stage

Report stage - Commons Hansard link
24 April 2025
Commons

Commons 3rd reading

3rd reading - Commons Hansard link
24 April 2025
Commons

Lords 1st reading

18 July 2024
Lords

Lords 2nd reading

30 July 2024
Lords

Lords Committee stage

10 September 2024
Lords
5 September 2024
Lords

Lords Report stage

4 November 2024
Lords

Lords 3rd reading

12 November 2024
Lords

Lords Consideration of Commons amendments and / or reasons

12 May 2025
Lords

Royal Assent

15 May 2025

Lords 1st reading

Minutes of Proceedings
18 July 2024
Lords

Lords 2nd reading

Minutes of Proceedings
30 July 2024
Lords

Lords Committee stage

Minutes of Proceedings
10 September 2024
Lords
Minutes of Proceedings
5 September 2024
Lords

Lords Report stage

Minutes of Proceedings
4 November 2024
Lords

Lords 3rd reading

Minutes of Proceedings
12 November 2024
Lords

Lords Consideration of Commons amendments and / or reasons

Minutes of Proceedings
12 May 2025
Lords

Royal Assent

Minutes of Proceedings
15 May 2025