London – Standard Chartered PLC (the Group) today announces publication of a report on the preparations of the Group for resolution, as required under the ‘Resolution Assessment’ part of the Prudential Regulation Authority Rulebook. Resolvability disclosures are also being published by other UK banks, alongside the Bank of England’s own statement on the preparedness of the UK banking sector.
The Group’s report is available at https://av.sc.com/corp-en/content/docs/sc-plc-preparedness-for-resolution-en.pdf
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