Special administration regimes for investment banks and payment and electronic money institutions

William Day has written a sector focus piece for the August issue of Corporate Rescue and Insolvency on the insolvency of financial services firms, exploring the implications of recent applications made under the Investment Bank Special Administration Regulations 2011 and the Payment and Electronic Money Institution Insolvency Regulations 2021 and their interaction with pre-administration safeguards introduced by the FCA’s CASS rules, the Payment Services Regulations 2017 and the Electronic Money Regulations 2011.

The article can be found here and is also available on LexisNexis.