Warren Davis

Warren Davis

Eversheds Sutherland (US) LLP

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UK Banking Regulator Finalizes Rules Requiring Adherence to Contractual Stay

On November 13, the Bank of England’s Prudential Regulation Authority (PRA) published a final policy statement titled “Contractual Stays in Financial Contracts Governed by Third-Country Law” (the PRA Policy Statement). These...more

11/25/2015  /  Bank of England , Bank Recovery and Resolution Directive (BRRD) , Banking Regulators , EU , Policy Statement , Prudential Regulation Authority (PRA) , Stays , Termination Rights , UK
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