Considerations on SMEs and transition plans

This briefing paper is written for institutions, policymakers and regulators involved in setting future transition planning guidance and regulation standards. It sets out: the current SME landscape in the UK; the growing relevance of transition plans for SMEs; the challenges, opportunities and recommendations on transition plans for SMEs; guiding principles for SME transition plans.

The ideas and recommendations in this document are the product of a series of working sessions and interviews involving banks, corporations, policymakers and industry stakeholders.