Regulatory AlertsCP14/15: Recovery and Resolution Directive
The Financial Conduct Authority proposes changes to its Handbook to transpose the Recovery and Resolution Directive into the UK regulatory regime for investment firms and certain group entities. These proposals specifically target solo-regulated IFPRU 730k firms, covering a population of approximately 230 entities, as well as group entities within groups containing such firms or credit institutions. The regulator invites stakeholders to submit comments on these proposals by 1 October 2014 via written submission or an online response form.
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