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Document 51995AB0010

Opinion of the European Monetary Institute on a consultation received from the Bank of England, under Article 109f (6) of the Treaty establishing the European Community (the “Treaty”) and Article 5.3 of the Statute of the EMI (the “Statute”), in relation to regulations to be made under the UK Companies Act 1989 (the “Act”) (specifically under Part VII thereof), being regulations made jointly by the Secretary of State for Trade and Industry and HM Treasury in accordance with powers granted to such authorities under the terms of Part VII of the Act, such regulations being referred to as The Financial Markets and Insolvency (Money Market) Regulations 1995 (the “Regulations”) (CON/95/10)