Topic
Resolution Planning
212 published works
Dispute Resolution Blog
Pending Section 37 Appeal under Arbitration Act: Not a Legitimate Ground for Entertaining Belated Claim under IBC
By Priyanshu Pandey, Shrey Singh, CAM Disputes Team
The Hon’ble Supreme Court in the landmark RPS Infrastructure Ltd vs. Mukul Sharma[1] judgement, once again delved into the issue of claims being made beyond the statutorily prescribed timelines in…
Global Regulation Tomorrow
SRB launches its “SRM Vision 2028” Strategy
By Simon Lovegrove (UK), Michael Born (DE)
On 13 February 2024, the Single Resolution Board (SRB) announced the Single Resolution Mechanism’s (SRM) new strategic vision up until 2028. The SRB’s early work was heavily focused on…
Global Regulation Tomorrow
ESMA guidelines on the summary of resolution plans under the CCPRRR
On 9 February 2024, the European Securities and Markets Authority (ESMA) published the official translations of its guidelines on the summary of resolution plans to be disclosed to central counterparties…
Global Regulation Tomorrow
Delegated Regulation (EU) 2024/450 supplementing the CCPRRR regarding RTS specifying the minimum elements to be included in a business reorganisation plan and the criteria to be fulfilled for its approval by the resolution authority
On 8 February 2024, the European Commission adopted a Delegated Regulation supplementing Regulation (EU) 2021/23 on a framework for the recovery and resolution of central counterparties (CCPRRR) regarding regulatory technical…
Dispute Resolution Blog
No room for change- How Final is the Final Resolution Plan, Exploring the Practical Repercussions
By Devarshi Mohan, Priyanshu Pandey, CAM Disputes Team
Introduction The modification or withdrawal of Resolution Plans under the Insolvency and Bankruptcy Code, 2016 (“Code / IBC”) had always been a contentious subject, with the National Company Law Tribunal (“Adjudicating Authority…
Global Regulation Tomorrow
FSB outlines work to further increase the resolvability of banks, central counterparties and insurers
On 15 December 2023, the Financial Stability Board (FSB) issued a 2023 Resolution Report. The 2023 Resolution Report is the FSB’s twelfth report on the implementation of resolution reforms and…
Global Regulation Tomorrow
HMT publishes the Financial Services and Markets Act 2023 (Resolution of CCPs: Deferment of provisions in resolution instruments) Regulations 2023
By Anita Edwards, Simon Lovegrove (UK)
On 9 November 2023, HM Treasury (HMT) published Statutory Instrument (SI) 2023 No.1190: the Financial Services and Markets Act 2023 (Resolution of Central Counterparties (CCPs): Deferment of Provisions in Resolution…
Global Regulation Tomorrow
HM Treasury publishes update on timings for expanded CCP resolution regime
By Jochen Vester (UK), Simon Lovegrove (UK), Anita Edwards
On 16 October 2023, HM Treasury published the minutes of a meeting of the Central Counterparty (CCP) Resolution Liaison Panel, held in June 2023. The Panel was brought together for…
Global Regulation Tomorrow
BoE publishes further letter to CFOs on firms’ preparations for second RAF assessment
By Simon Lovegrove (UK), Anita Edwards
On 24 July 2023, the Bank of England (BoE) published a letter from its Head of International Resolvability, Christopher Jackson, and Head of Domestic Resolvability, Robert Zammit, to Chief Financial…
Global Regulation Tomorrow
ESMA publishes guidelines on CCPRRR
On 23 June 2023, the European Securities and Markets Authority (ESMA) published two final reports containing guidelines on the Regulation on a framework for the recovery and resolution of central…