WDPG 2.1 Application and interpretation

1This guide aims to assist FCA solo-regulated firms authorised with a Part 4A permission and for which the FCA is the Home State regulator with wind-down planning. It is not relevant where a firm is already in administration or liquidation, nor is it directly relevant to recovery strategies a firm may engage in as part of its recovery plan. While the guide does not impose any obligation on a firm to create a wind-down plan, it shows what an effective wind-down plan might include.

This guide is general guidance given under section 139A of the Act.

Interpretative provisions (including definitions in the Glossary) of the FCA Handbook apply to this guide in the same way they apply to the FCA Handbook. Where a definition is defined in the Act that definition applies in this guide.