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United Kingdom

UK bank recovery and resolution: timeline of legislative, regulatory and policy developments (2024–2026)

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This timeline outlines key milestones for the UK bank recovery and resolution framework from January 2024 onwards.

For prior milestones, consult Bank Recovery and Resolution Directive (BRRD)—timeline [Archived].

2026

Date Source Document Description

23 February 2026 Financial Stability Board

Thematic Peer Review on Public Sector Backstop Funding Mechanisms: Summary Terms of Reference

The Financial Stability Board (FSB) has initiated a thematic peer review assessing how FSB member jurisdictions have implemented public sector backstop funding mechanisms to support the resolution of financial institutions. The exercise evaluates delivery against Key Attribute 6 and the Guiding Principles on the Temporary Funding Needed to Support the Orderly Resolution of a Global Systemically Important Bank. The FSB has issued questionnaires to member authorities and requested input from financial firms, industry bodies, academics and other stakeholders on matters such as financial stability vulnerabilities, design aspects of backstop arrangements, and safeguards aimed at limiting taxpayer losses. Responses are due 31 March 2026, and the peer review report is planned for October 2026...

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Web page updated on 20/05/2026

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