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AKG is an independent organisation specialising in the provision of assessment, ratings, information and consultancy to the financial services industry.

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AKG Insight - In Brief

  • Referendum Comment
  • AKG Updates
  • Capital Base / Capital Access Benefit

Following this morning’s referendum decision, for the UK to leave the European Union (EU), a period of market turbulence and ongoing uncertainty is anticipated.

In general terms this uncertainty and volatility in the economic landscape, across which financial services organisations operate, is unwelcome.

This puts varying degrees of pressure on the strategic position and consequently potentially the operational and capital positions of these organisations.

Whilst currently it is far too early to attempt to fully ascertain these effects, within a fluid environment of ‘knock on’ actions, this changed background will certainly be a feature of financial strength rating assessment over the coming year.

24 June 2016

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