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United Kingdom › Prudential Regulation Authority (PRA) › Solvents

A&O Shearman

Plan for the worst, hope for the best: PRA policy on solvent exit planning for non-systemic banks and building societies

A&O Shearman on

The PRA has published its final policy on the requirements for non-systemic UK banks and building societies to prepare for a solvent exit. The new rules require all firms in scope to prepare for an orderly solvent exit as...more

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