May 2024

      The UK already has a robust resolution regime for banking institutions, which was first implemented in the wake of the Global Financial Crisis. However, this has historically focused only on the largest `too-big-to-fail' banks. Regulators are now turning their attention to the resolvability and exit strategies of smaller banks and building societies.

      This paper considers the resulting regulatory proposals, challenges and opportunities for smaller firms, and the actions that they can and should be taking to prepare for the new requirements.

      The expanding remit of solvent exit and resolution

      Challenges and opportunities for smaller banks and building societies

      The expanding remit of solvent exit and resolution

      Our Insights

      Adapting risk management practices to prepare for future non-financial risks.

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      According to analyst group, Source in Perceptions of Risk Firms 2023.

      Our People

      James Mackenzie

      Director, Banking Risk

      KPMG in the UK

      Shereen Joseph-Becker

      Senior Manager, Banking Risk

      KPMG in the UK

      Michelle Adcock

      Director, FS Regulatory Insight Centre, Risk and Regulatory Advisory

      KPMG in the UK

      Bronwyn Allan

      Manager, Regulatory Insight Center

      KPMG-UK


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