Payment firms: Wind-down and resolution planning – from theory to operational reality
ArticlePayment and e-money firms must maintain a resolution pack and a wind-down plan to support faster fund returns after insolvency. Here is what's changed.
In this episode Irina Velkova welcomes Eric Usher, head of the UNEP Finance Initiative, to discuss its Principles for Responsible Banking (PRB). We also addressed The Paris Agreement, critical agreements for COP28, challenges hindering global efforts to finance sustainable projects, and delivering climate goals.
Host
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Irina Velkova
As a regulatory advisory practice director, I advise firms on new regulations, implement improved structures and processes, and work with board and c-suite stakeholders to resolve governance and regulatory issues.View Profile
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Your guide to this week in regulation
TechnicalStay up to date with our latest round up of financial regulation.
Stress-testing models face greater scrutiny under SS1/23
ArticlePRA's SS1/23 amendment brings stress-testing and ICAAP models under the same governance standard as capital models. Vivian Lagan explains what banks need to do to comply.