Wind-down planning.
Developing credible wind-down plans that meet regulatory expectations and support orderly business closure.
Wind-down plans need to be compliant, crisis-ready, and focused on minimising disruption and negative impacts on stakeholders. Leveraging our deep expertise in financial risk and resilience, we identify your key vulnerabilities and test them against practical scenarios to help you plan a controlled and orderly market exit.
Our wind-down strategies are built for reality. They are clear, credible, and fully integrated into your prudential risk management framework.
STRATEGIC WIND-DOWN PLANNING.
The FCA requires firms to have a clear and comprehensive wind-down strategy in place. But at Cosegic, a well-crafted plan goes beyond compliance – it must also facilitate a seamless, controlled exit under pressure.
We help firms identify scenarios that could trigger a wind-down and support the development of a detailed operational plan, including assessing the financial and non-financial resources needed to execute it effectively. This thorough approach not only ensures regulatory compliance but also strengthens your firm’s resilience through identification of potential wind down scenarios, minimises disruption, and protects stakeholder interests in times of crisis.
Speak to a sector expert
Rule the...
Realism
We evaluate your wind-down plan, ensuring your leadership has the control required for a smooth exit with minimal disruption during a crisis.
Risk Alignment
We hardwire wind-down planning into your governance, aligning it with business objectives to minimise friction and strengthen oversight.
Readiness
We leverage our understanding of FCA expectations to empower you with defined roles and decisive pathways. This provides confidence and clarity when you’re under pressure.
Latest Resources
Explore latest resources
Stay ahead with our latest insights, guidance and analysis on regulation and compliance across financial services.
SIX WEEKS. ONE AUTHORISATION. ONE FUND READY TO LAUNCH.
FREQUENTLY ASKED QUESTIONS
Find answers to the questions we’re asked most often, from our compliance and training services to how we can support your business.
What is a wind-down plan and why does the FCA require one?
A wind-down plan is a documented strategy that sets out how a regulated firm would cease its activities in an orderly and controlled manner, minimising disruption and harm to customers, counterparties, and the wider market. The FCA requires all regulated firms to maintain a credible and comprehensive wind-down plan as part of their prudential risk management framework.
What should a robust wind-down plan include?
A robust wind-down plan should identify the scenarios that could trigger a wind-down, assess the financial and non-financial resources needed to execute it, set out a detailed operational plan for managing the wind-down process, and demonstrate how the firm would protect customer assets and minimise harm to stakeholders. It should be regularly reviewed, stress-tested, and integrated into the firm's ICARA process.
How does the FCA assess the quality of a wind-down plan?
The FCA assesses wind-down plans for credibility, clarity, and operational feasibility. A plan that is vague, untested, or disconnected from the firm's actual business model and financial resources is unlikely to meet FCA expectations. Firms should be able to demonstrate that their wind-down plan has been stress-tested against practical scenarios and is capable of being executed under real-world conditions.
What are the most common weaknesses in regulated firms' wind-down plans?
Common weaknesses include insufficient financial resources to execute the wind-down, unrealistic assumptions about the time and cost of winding down, inadequate consideration of the impact on customers and counterparties, and failure to integrate the wind-down plan into the firm's broader governance and risk management framework.
How can Cosegic help develop and stress-test our wind-down plan?
Cosegic helps firms identify scenarios that could trigger a wind-down and supports the development of a detailed operational plan, including assessing the financial and non-financial resources needed to execute it effectively. Our wind-down strategies are built for reality — clear, credible, and fully integrated into your prudential risk management framework — ensuring regulatory compliance while strengthening resilience and protecting stakeholder interests.