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| We've got a joint account http://xxx-xx.in.net/ xxx A parent that is well-informed about the business and operations of its UK-regulated subsidiary is less likely to be resistant to providing the subsidiary (and its regulator) with the information and support they require. An exception to this is where there is a conflict between the survival of the subsidiary and the health of the group as a whole, in which case the UK regulators will have no option but to intervene (i.e., a PRA-regulated firm will not be hung out to dry, to the detriment of the stability of the UK financial system, simply to preserve the overall strength of the group). |
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Kelley |
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2020-01-08 22:27:25 |
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