Business
Resolvability Assessment Framework Disclosure
Resolvability Assessment Framework Disclosure.
About this update from Lloyds Banking Group Plc
[{"type":"text","content":"\n\n \n06 August 2024\nRESOLVABILITY ASSESSMENT FRAMEWORK PUBLIC DISCLOSURE\nAs part of the commitment by the Bank of England to protect financial stability and ensure that all major UK banks and buildings societies ('Firms') are resolvable, the Group is today publishing a summary of its preparations for resolution. This is an ongoing, market wide exercise, conducted in accordance with Supervisory Statement SS4/19 'Resolution assessment and public disclosure by firms', published on 28 May 2021.\n \nThe Resolvability Assessment Framework ('RAF') Public Disclosure for Lloyds Banking Group Plc is available at 2024aug6-lbg-resolvability-assessment-framework-public-disclosure.pdf (lloydsbankinggroup.com)\n \nThe Bank of England's Public Statement is available Resolvability assessment of major UK banks: 2024 | Bank of England\n \n \n- END -\n \n \n \nFor further information:\n \nInvestor Relations\nDouglas Radcliffe +44 (0) 20 7356 1571\nGroup Investor Relations Director\[email protected]\n \n \nCorporate Affairs\nMatt Smith +44 (0)7788 352487\nHead of Med...