Banking Act 1987 (in large part)
E793179
The Banking Act 1987 was a key UK statute that modernized the regulation and supervision of banks before being largely superseded by later financial services legislation.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Banking Act 1987 (in large part) canonical | 1 |
Statements (32)
| Predicate | Object |
|---|---|
| instanceOf | Act of Parliament of the United Kingdom ⓘ |
| aimedAt | strengthening stability of the UK banking system ⓘ |
| appliesTo |
authorised institutions
ⓘ
deposit-taking business in the United Kingdom ⓘ |
| country | United Kingdom ⓘ |
| field |
banking regulation
ⓘ
financial regulation ⓘ |
| hasEffectOn | Bank of England’s supervisory role ⓘ |
| hasLegalStatus | largely superseded ⓘ |
| introducedConcept |
enhanced prudential supervision of banks
ⓘ
formal authorization regime for banks ⓘ improved depositor protection framework ⓘ |
| jurisdiction | United Kingdom ⓘ |
| legalSystem |
English law
ⓘ
Northern Ireland law NERFINISHED ⓘ Scots law NERFINISHED ⓘ |
| legislativeBody | Parliament of the United Kingdom NERFINISHED ⓘ |
| partiallySupersededBy |
Banking Act 2009
NERFINISHED
ⓘ
Financial Services Act 2012 NERFINISHED ⓘ |
| purpose | modernization of banking supervision in the United Kingdom ⓘ |
| regulates |
banks
ⓘ
deposit-taking institutions ⓘ |
| relevantTo |
banking supervision
ⓘ
prudential oversight of credit institutions ⓘ |
| replaced | Banking Act 1979 NERFINISHED ⓘ |
| shortTitle | Banking Act 1987 NERFINISHED ⓘ |
| subjectOf |
UK banking law
ⓘ
financial regulation in the United Kingdom ⓘ |
| supersededBy | Financial Services and Markets Act 2000 NERFINISHED ⓘ |
| timePeriod | late 20th century UK financial regulation ⓘ |
| typeOfRegulation |
conduct of business regulation
ⓘ
prudential regulation ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Financial Services and Markets Act 2000 (as amended)
→
replaced
→
Banking Act 1987 (in large part)
ⓘ
subject surface form:
Financial Services and Markets Act 2000