RRP: PRA Gently Turns the Screw (but to what end?)
Michael Beaton of DRS explains the PRA’s final RRP rules for UK banks, building societies and UK…
Recovery And Resolution Planning (RRP)
EU Council Publishes Proposed Amendments to RRD
Michael Beaton explains some of the recently proposed amendments to articles 1 to 36 in the Directive…
Tough Times for UK Banks: The Liikanen Group Publishes its Final Report
DRS’ Michael Beaton explains the main components of the recently published Liikanen Group report and explores what…
Resolution Planning: Identifying “non-standard terms” in Derivative Documentation
In the third part of our Recovery and Resolution Planning (RRP) educational series, Michael Beaton, managing partner…
International Organization of Securities Commissions CPSS-IOSCO Issue Consultative Report on the Recovery and Resolution of Financial Market Infrastructures
The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have…
Weighing the Balance: The Cost of (and of not) Implementing a Living Will
Michael Beaton, managing partner at Derivatives Risk Solutions explains that although the cost of of implementing a…
October Deadline Approaching: Creating CASS Packs to Comply with New Recovery & Resolution Planning Rules
In a Twitterview which took place June 19th, DerivSource’s Julia Schieffer quizzed Michael Beaton, managing partner at…
Educational Insights: An Introduction to Recovery and Resolution Planning in the UK
Recovery and resolution planning (RRP) is part of wider, international efforts to promote the stability of the…
Zut Alors! CASS RP to go all European?
DRS‘ Michael Beaton explores the recent developments that would lead to the introduction of client money safety or…