Guidance for Insolvency Practitioners: Financial Conduct Authority’s Update on Regulated Firm Restructurings and Insolvencies

The team at Katten summarise key takeaways from a recent FCA webinar aimed at clarifying the FCA’s expectations of office holders, lawyers and consultants navigating insolvencies and restructurings of regulated firms, noting that there remains a clear tension between the regulator’s requirements and legal requirements imposed on regulated firms and IPs. 

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