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DTA timeline

An indicative implementation timeline for the Deposit Takers Act (DTA).

Update as at May 2025

A reassessment of key capital settings was announced on 31 March 2025. This will impact the timetable below for consulting on the exposure drafts and guidance for the DTA standards. The timeline will be updated to reflect any changes as soon as the dates have been finalised. 

2023

July

  • Deposit Takers Bill passed

August to September


2024

March to May

March

  • Proportionality framework published

May to August

August to November

By the end of 2024

  • DTA regulations (tranche 1) made

2025

May 

July

  • DCS commences on 1 July

October to December

  • Consultation on exposure draft and guidance of core standards

2026

February to April

  • Consultation on exposure draft and guidance of non-core standards

First half of 2026

  • Consultation on Crisis Preparedness standard

December

  • DTA regulations (tranche 2)

2027

January

  • Core and non-core standards issued
  • Consultation on exposure draft of Crisis Preparedness standard 

January 2027 to July 2028

  • Licensing process

2028

July

  • All DTA standards commence

Mid 2028

  • Crisis Preparedness standard issued

2029

July 

  • Legislative backstop

Mid 2029

  • Statement of Approach to Resolution published (before the first anniversary of the commencement of subpart 2 of Part 7 of the DTA)