Between December 2024 and January 2025, the Bank consulted on revoking the on-shored UK Technical Standard 2019/348 on Simplified Obligations (SO UKTS). The Bank did not receive any formal responses or queries. Consequently, the Bank has proceeded to revoke the SO UKTS in line with the approach set out in the consultation. The Bank Resolution Standards Instrument: The Technical Standards (Simplified Obligations) Instrument 2025 revokes Commission Delegated Regulation (EU) 2019/348.
Published on
30 April 2025
Bank Resolution Standards Instrument: The Technical Standards (Simplified Obligations) Instrument 2025