Prudential Regulation Authority Rulebook

3.1

Every firm must prepare and maintain a resolution pack.

3.2

A firm must provide its resolution pack to the PRA by online submission through:

1. (1) email; or
2. (2) the appropriate systems made available to firms.

3.3

1. (1) A resolution pack must contain information and analysis which would facilitate the taking of actions in the event that it is likely that the firm will fail, or in the event that the firm fails.
2. (2) The resolution pack must, in particular, contain sufficient information and analysis to facilitate planning by the Treasury, the Bank of England or the PRA in relation to the possible exercise of any of their powers under the Banking Act 2009.

3.4

A firm’s resolution pack must take into account the wider business of the group of which the firm is a member.

[Note: Art 74(4) of the CRD]