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Included in this text are the original Cap. 628, Financial Institutions (Resolution) (Protected Arrangements) Regulation (Cap. 628A) the Financial Institutions (Resolution) (Loss Absorbing Capacity Requirements – Banking Sector) Rules (Cap. 628B), the Financial Institutions (Resolution) (Contractual Recognition of Suspension of Termination Rights – Banking Sector) Rules (Cap. 628C), the accompanying Codes of Practice published by the Monetary Authority, including CI-1 “Resolution Planning – Core Information Requirements”, chapter LAC-1 “Resolution Planning – LAC requirements”, and chapter ST-1 “Resolution Planning – Contractual Recognition of Suspension of Termination Rights” , as well as guidance materials from the Financial Stability Board, including annotations and introductions to the various sections. This text is most useful for legal and compliance professionals advising international and local financial institutions.
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