Bank of England Resolvability Assessment Framework

RNS Number : 3901O

Barclays PLC

09 June 2022

 

10 June 2022

Barclays PLC

Bank of England's Resolvability Assessment Framework

Barclays PLC has today published a summary of its self-assessment under the Bank of England's Resolvability Assessment Framework. The summary self-assessment is available on our website at: https://home.barclays/investor-relations/reports-and-events/annual-reports/. A copy has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

The Bank of England's assessment of the Barclays Group's resolvability capabilities, alongside its assessment of each other major UK financial institution, is available at: https://www.bankofengland.co.uk/financial-stability/Resolution/resolvability-assessment-framework/resolvability-assessment-of-major-uk-banks-2022.

For more than a decade, Barclays has worked with regulators globally to enhance its resilience to financial stress, including making changes to its structure and committing significant financial resources to building its resolvability capabilities. Barclays is therefore pleased to note the Bank of England's assessment that there are no shortcomings, deficiencies or substantive impediments identified in the Barclays Group's resolution capabilities that could impede its ability to execute the preferred resolution strategy. Barclays looks forward to continuing to work with the Bank of England, along with the Barclays Group's other regulators and resolution authorities globally, to maintain and enhance its resolvability capabilities.

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For further information, please contact:

Investor Relations   Media Relations

Chris Manners  Jon Tracey
[phone]  [phone]

About Barclays

Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Barclays Group. For further information about Barclays, please visit our website home.barclays.

 

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