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The PRA’s expectations on Operational Continuity in Resolution (OCIR)

The PRA has published updates to its policy and a revised supervisory statement on ensuring operational continuity in resolution (PS 9/21 and SS4/21) following its consultation paper in October 2020 (CP 20/20). This bulletin...more

The Financial Services Act 2021

The first step in shaping the UK's financial services regime post-Brexit. On 29 April 2021, the Financial Services Act 2021 (the Act) received Royal Assent. It is seen as the UK’s first step in control of the financial...more

Resolution in the UK post-Brexit – onshoring the Bank Recovery and Resolution Directive

The Brexit engines at HM Treasury, the FCA, PRA and Bank of England are responding admirably to the challenge posed by Brexit to ensure that the UK has a continuing, robust and effective legal regime once the currently...more

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