January 7, 2021

TOPIC

HMT Consultation Update

TIME

2:00 to 2:30pm

LOCATION

Zoom - sign up with Liz for the link

AGENDA

To address shortcomings with the current insolvency regime, HM Treasury is proposing introducing a bespoke plan for PIs and EMIs. They are proposing The Investment Bank Special Administration Regulations 2011 (Investment Bank SAR), as a model for this new regime.

HMT have opened a consultation which closes on 14th January and AFEP are holding a short webinar with Deloitte to explain to members what it means in practice as well as give some feedback from the FCA on wind down plans and their expectations.

To sign up for the webinar, please email liz - liz.allison@afep.co.uk

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