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The Banking Act 1987 was a key UK statute that modernized the regulation and supervision of banks before being largely superseded by later financial services legislation.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 (3)

How this entity was disambiguated

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hasLegalStatus largely superseded ⓘ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 ⓘ
Scots law ⓘ
legislativeBody Parliament of the United Kingdom ⓘ
linked to: British Parliament
partiallySupersededBy Banking Act 2009 ⓘ
Financial Services Act 2012 ⓘ
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 ⓘ
shortTitle Banking Act 1987 ⓘ
subjectOf UK banking law ⓘ
financial regulation in the United Kingdom ⓘ
supersededBy Financial Services and Markets Act 2000 ⓘ
timePeriod late 20th century UK financial regulation ⓘ
typeOfRegulation conduct of business regulation ⓘ
prudential regulation ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Financial Services and Markets Act 2000 → replaced → Banking Act 1987 (in large part) ⓘ
FSMA 2000 → replaced → Banking Act 1987 (in part) ⓘ
linked to: Banking Act 1987 (in large part)
Banking Act 1987 → shortTitle → Banking Act 1987 ⓘ
linked to: Banking Act 1987 (in large part)