FCA Consultation - FCA’S approach to compromises for Regulated Firms (23 February 2022)
In 2021 the FCA was developing guidance on schemes of arrangements and other compromises, which has resulted in a published consultation. The proposed guidance sets out: how the FCA consider compromises and the factors we consider when assessing them, and the FCA’s role when a firm proposes a compromise. The consultation is available here.
R3's response to the consultation is below.
Downloads
R3. FCA. GC22 1 - FCA’s approach to compromises for regulated firms - Size: 231Kb Download
Further Information & Articles
Ben Luxford
Moira FitzpatrickFind INSOLVENCY & RESTRUCTURING ADVICE
R3 members can provide advice on a range of business and personal finance issues. To find an R3 member who can help you, click below.
