United Kingdom banking law

United Kingdom banking law refers to banking law in the United Kingdom, to control the activities of banks.

History

Bank of England
Bank of England Act 1694, given a monopoly on issuing bank notes.
Bank of England Act
Bank Charter Act 1844, gave the Bank of England a monopoly on printing money. Issue of notes was tied to the gold reserve. Banks which previously had the right to issue their own notes continued, though after the 1930s, only the Scottish and Northern Ireland banks had survived without being taken over.
Macmillan Committee (1929)
Bank of England Act 1946, nationalised the Bank of England
Girobank 1968

Sinclair v Brougham
Banking Act 1979, extended protection over depositors accounts, insured by the government

Banking (Special Provisions) Act 2008, emergency legislation for the nationalisation of Northern Rock
Banking Act 2009, created a special insolvency regime for banks, called the special resolution regime, envisaging that banks will be taken over by the government in extreme circumstances.
Northern Rock, Bradford & Bingley and the Royal Bank of Scotland, and the newly merged HBOS-Lloyds TSB in 2008 as a result of the global financial crisis
2008 United Kingdom bank rescue package
2009 United Kingdom bank rescue package

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