Grant Thornton: The FCA’s approach to Risk Frameworks & Wind Down Plans

The briefing will cover observations on recent developments in the FCA’s approach to TC2.4 Adequate Resources; specifically Risk Frameworks and Wind down plans. It will include: • Re-cap of what TC2.4 and Wind down planning is and an overview of the evolution of the FCA’s expectations • Insights into topical issues i.r.o both RF and WDP • Select examples of best practice in terms of: o Linking wind down triggers with risk framework and appetite o Financial stress and reverse stress testing o Non-financial resources stress testing o The process for preparing a WDP and liquidity model