Today, for the first time, the eight largest UK Banks and Building Societies (“firms”) publicly disclosed a summary of their preparations...
The global financial crisis of 2008 originally highlighted the need for recovery plans and the UK’s regulatory approach to them has been...
Restructuring is a fundamental part of bank resolution. While bail-in can recapitalise a failing firm, restructuring will be required to...
Resolution is much more than just a capital issue – a material capital shortfall will almost certainly lead to a liquidity shortfall and...
In July 2019, the Bank of England (BoE) published its final Policy Statement on the Resolvability Assessment Framework (RAF).Subsequent...
Last week, the Bank of England (BoE) published its final Policy Statement on the Resolvability Assessment Framework (RAF). In our...
Following finalisation of the Bank of England’s (BoE) Resolvability Assessment Framework (RAF), in-scope firms will need to consider how...