Close menu

Application provision

1.1 Unless otherwise stated, this Part applies to a BRRD undertaking.

4.1

19/01/2015

firm required to prepare, maintain and submit to the PRA a resolution pack under 2 must:
  1. (1) keep the resolution pack up to date, which includes ensuring that the resolution pack is updated to reflect any material developments in the firm’s business; and
  2. (2) notify the PRA of any material changes made to the resolution pack promptly and, in any event, within one month of making any such change.

4.2

19/01/2015

BRRD undertaking required to prepare, maintain and submit a group resolution pack under 3 must keep the group resolution pack up to date, which includes ensuring that the group resolution pack is updated to reflect any material developments in its business and the business of other member of its group.

4.3

19/01/2015

BRRD undertaking required to prepare, maintain and submit to the PRA a group resolution pack under 3 must notify the PRA of any material changes made to the group resolution pack promptly and, in any event, within one month of making any such change.