Corporate Law and Governance
Friday, 1 August 2014
UK: FCA consults on transposition of the Recovery and Resolution Directive
The
Financial Conduct Authority
has published for consultation the changes it proposes to make to its
Handbook
as part of the UK's transposition of
European Directive 2014/59/EU on the establishment of a framework for the recovery and resolution of credit institutions and investment firms
: see
here
(
pdf
). The
Prudential Regulation Authority
is also undertaking a consultation in respect of the changes it will make to its
Handbook
: see
here
.
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