The Banking Act 2009 (Wholesale Cash Oversight Fees) Regulations 2024

The Banking Act 2009 (Wholesale Cash Oversight Fees) Regulations 2024 have been published, together with an explanatory memorandum. The Financial Services and Markets Act 2023 enabled the Bank of England to oversee certain firms recognized by HM Treasury in the wholesale cash distribution market. These Regulations set the scale of fees that the BoE may charge to these firms......
By: A&O Shearman

A&O Shearman