Solvent exit planning for non-systemic banks and building societies
In line with the PRA’s new requirements, join our experts to discuss how to prepare for an orderly solvent exit.
Join our webinar where prudential risk experts will discuss the recently published PRA requirements on solvent exit planning for non-systemic banks and building societies.
Alongside an overview of the policy requirements, including how firms can get ready, our experts will also talk about their experience of building and reviewing wind down plans for regulated firms, and what lessons can be learnt ahead of the implementation of solvent exit.
Timings
Date: Thursday 20 June
Time: 9:30 - 10:15
Agenda
- Policy at a glance and expectations for firms
- How it fits in with existing regulations
- Practical considerations, including how firms can prepare.
- Q&A Session
Meet our experts
Freddie Blake Associate Director – Financial Services Consulting London
Macdonald Ugwuezuoha Assistant Manager - Financial Services Consulting London
Solvent exit planning
In March, the Prudential Regulation Authority (PRA) published SS2/24 on solvent exit planning for non-systemic banks and building societies. This statement outlines the PRA’s expectations for non-systemic banks and building societies in the UK to prepare, as part of their business-as-usual (BAU) activities, for an orderly ‘solvent exit’. This requirement will come into force from 1 October 2025.