Corporate Reports, 16 Oct 2026
FInTAG guidance – Estimating Legal Exposure
This guidance, produced by FInTAG, provides a practical framework for assessing and estimating legal exposures. It supports UK government departments and other public bodies in taking a consistent and proportionate approach to financial reporting and contingent liabilities. It covers the estimation of expected loss and reasonable worst case, alongside the evidence, assumptions and uncertainties that support those estimates.
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