Section 11

This Chapter applies where an institution— is authorised by the PRA or FCA and is not part of a group subject to supervision on a consolidated basis in accordance with the capital requirements regulation and CRR rules; and submits a recovery plan to the appropriate regulator for assessment .... In this Chapter “relevant measures” means measures to maintain or restore the viability and financial position of the institution, including measures to— reduce its risk profile, including its liquidity risk profile; review its structure and strategy; enable it to undertake timely recapitalisation; change its funding strategy in order to improve the resilience of core business lines and critical functions; and change its governance structure.

← 10 · All articles · 1 →

Source: legislation.gov.uk · retrieved 2026-09-04