WebMay 10, 2024 · 10 May 2024. 12 min read. The recent publication of the CBI Regulations for Pre-emptive Recovery Planning for (Re)insurers in April 2024 require (Re) insurers to establish and maintain plans for recovery which set out actions that could be taken to support business continuity in times of financial instability. In this article Patrick Farrell of ... WebNov 24, 2024 · Rrp – nov 2024. Event info. Speakers. Who should attend. The Recovery Plan (RP) and Resolution Plan (RP) are comprehensive, as well as time- and resource-intensive regulatory submissions that banks must produce on a regular basis. They are regulator-required documents (see PRA PS29/17 and CP9/17, and SS19/13, and the 2024 Bank of …
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WebSupervisory Statements and Statements of Policy. The PRA’s approach to supervising liquidity and funding risks ( SS24/15. Opens in a new window. ) Recovery planning ( SS9/17. Opens in a new window. ) Supervising international banks the PRA's approach to branch supervision - liquidity reporting ( SS1/17. Opens in a new window. coach trip to chatsworth
PRA CP9/17: Is your Recovery Plan in line with the new best
WebMay 6, 2024 · The policy statement consists of: Supervisory Statement (SS) 1/22 ‘Trading activity wind-down’ (Appendix 1); Statement of Policy (SoP) ‘Trading activity wind-down’ (Appendix 2); and. Updated SS9/17 ‘Recovery Planning’ (Appendix 3). Firms will be expected to meet the expectations in SS1/22 by 3 March 2025. WebJul 29, 2024 · SS9/17 requires UK deposit takers to demonstrate how their plans allow them to tackle multiple scenarios and the Prudential Regulation Authority (PRA) has placed … WebDec 2, 2024 · Legal Headwinds: Quarterly Report – Q4 2024 //180-40/AM05 JOPO(LDNL38083) 1 STANDARDS:5005v6 Legal Headwinds focuses on key legal and regulatory developments relevant to clients operating in the FI, asset management and insurance sectors in the coach trips to weston super mare