Tag: PRA

Regulators cut SMCR red tape as reform wave begins

The Financial Conduct Authority and Prudential Regulation Authority have unveiled the opening phase of their reform of the Senior Managers and Certification Regime (SMCR),...

Why PS26/2 puts third-party risk under the spotlight

Britain's financial firms have built their operations on a foundation of interconnected technology and outsourced services. That architecture has delivered speed and scale, but...

PRA consults on shared services to ease compliance burden

The Prudential Regulation Authority (PRA), the UK's banking regulator, is planning to consult on changes to shared operational services rules for ring-fenced banks, a...

PRA consults on modernising UK bank liquidity rules

The Prudential Regulation Authority (PRA) has published a consultation paper setting out proposals to modernise the UK's bank liquidity standards, with the aim of...

FCA modernises authorisation amid growth push

The UK’s financial watchdog is signalling a shift in tone as it repositions authorisation as part of a broader growth agenda. According to ACA...

Basel 3.1: Turning compliance into strategy

Over the past decade, financial institutions have faced an unrelenting wave of new regulatory requirements. With Basel 3.1 on the horizon, firms are being called...

Financial crime rules shift from volume to impact

The UK’s approach to financial crime regulation is undergoing a fundamental shift in 2025, moving away from a reactive, volume-driven compliance model towards one...

ALMIS® Regulus simplifies regulatory reporting

Regulatory reporting is one of the most complex challenges financial institutions face today. ALMIS® International has addressed this issue head-on with ALMIS® Regulus, a...

Basel 3.1: What UK deposit takers need to know

The latest whitepaper from ALMIS International offers essential guidance for UK financial institutions navigating the complexities of the Basel 3.1 and SDDT frameworks.

New UK payments MoU sharpens roles and joint strategy

UK financial regulators have renewed their commitment to better coordination in the fast-evolving payments sector through an updated Memorandum of Understanding (MoU). According to Finextra,...

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