159. There are many scenarios under which an investment firm may wind-down. While performing their …

There are many scenarios under which an investment firm may wind-down. While performing their analysis, competent authorities should focus on one or more scenarios under which the investment firm becomes unviable and is compelled to wind-down its business. Some typical scenarios that may be considered by competent authorities are:

• a. significant financial losses due to severe market fluctuations; and
• b. loss of critical infrastructure that are impossible to timely replace.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/