RAF By PRA For Resolution And Recovery Planning | RRP | Banking regulatory update
Tuesday, January 15, 2019
ChartAcc.com - RAF is Resolvability Assessment Framework. This is a recent development of PRA on regulation for resolution of a bank in UK . The need of this framework is to ensure followings:
- Transparency in resolution
- Disclosures required
- Helping the bank to fail in orderly way
- Resolution time lines and barriers
Theme -
banking,
banking updates,
BOE,
Ca Vikram Verma,
living will,
PRA,
RAF,
resolution and recovery,
Resolution Plan,
rrpo,
UK,
uk regulatory
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