The Prudential Regulation Authority has today published several documents (containing policy statements and rules) which together set out its recovery and resolution planning framework: see here. The statements and rules are relevant for holding companies, mixed financial holding companies, mixed activity financial holding companies, banks, building societies, and PRA-designated investment firms.
Friday, 16 January 2015
UK: The PRA's recovery and resolution planning framework
The Prudential Regulation Authority has today published several documents (containing policy statements and rules) which together set out its recovery and resolution planning framework: see here. The statements and rules are relevant for holding companies, mixed financial holding companies, mixed activity financial holding companies, banks, building societies, and PRA-designated investment firms.
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