Content Options

Content Options

View Options

Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

You are viewing the version of the document as on 2021-01-01.

Article 29 Assessment of feasibility: information

Resolution authorities shall consider at least the following issues in assessing whether there are potential impediments to resolution related to information:

  1. (1)

    matters addressed in paragraphs (h) to (l) of Schedule 2B to the Bank Recovery and Resolution (No 2) Order 2014;

  2. (2)

    the capability of the institution or group to provide information on the amount, and location within the group, of assets which would be expected to qualify as collateral for central bank facilities;

  3. (3)

    the capability of the institution or group to provide information to carry out a valuation to determine the amount of write-down or recapitalisation required.