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Letter from David Bailey and Melanie Beaman ‘Asset finance sector – key themes and control weaknesses identified post-administration, in relation to the Arena Holdings Group of companies’
Letter to Chief Risk Officers (CROs) of PRA-regulated firms in the asset finance sector, which provides a summary of the key themes and control weaknesses identified post-administration in relation to the Arena Holdings Group of companies, and which PRA-regulated firms are expected to consider in order to strengthen their credit risk management frameworks.