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.
To keep you abreast of developments in the consumer credit sector, Chris Laverty and Jarred Erceg share our latest report; including a market update and an outlook for the rest of 2024.
Contents
Our April report explains developments in BNPL and shares an in-depth analysis of what the FCA review into historical motor finance discretionary commission arrangements mean for firms. With the potential for an industry-wide consumer redress scheme, we also include practical advice for motor finance firms that may be impacted by the FCA's review and highlight what they should be considering now.
You'll also find an update on key regulatory developments for the sector in 2024.
To find out how our restructuring services can help you, get in touch with our team.
Authors
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Chris Laverty
I am a senior restructuring practitioner working with both public and private boards, lenders/funders to advise and implement financial restructurings.View Profile -
Jarred Erceg
I am a Partner in the UK Restructuring team and a qualified insolvency practitioner with over 15 years’ experience delivering restructuring advisory services in Australia and the UK.View Profile
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