Tag: PRA

UK FinTech Perenna secures $52m shortly after acquiring banking licence

UK mortgage lending startup Perenna has raised $52m within weeks of securing an unrestricted banking licence.

Prudential Regulation Authority sets out priorities for 2023

The Prudential Regulatory Authority (PRA) has set out its priorities for 2023 in a letter to a number of key CEOs.

UK regulators hit TSB with £48.6m fine

The Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) has slapped TSB with two fines for operational resiliency failures.  

PRA hits MS Amlin Underwriting with £9.6m fine

The Prudential Regulation Authority (PRA) has imposed a fine on MS Amlin Underwriting for failing to comply with regulatory obligations. 

Metro Bank fined £5.3m by PRA for reporting failure

The Prudential Regulation Authority (PRA) has issued a £5.3m fine to Metro Bank for failings with its regulatory reporting.

Regulatory trio unveil plan to bolster diversity and inclusion in financial...

The Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England (BofE) has launched a paper aiming to boost diversity and inclusion in finance.

Revolut applies for UK banking licence

Challenger bank Revolut has submitted its application for a bank licence in the UK to the nation's financial regulators.

FCA and PRA fine Goldman Sachs International £96.6m for risk management...

Goldman Sachs International has been fined £96.6m by British regulators for its role in the 1Malaysia Development Berhad (1MDB) scandal.

UK regulators release proposals for operational resilience

UK regulators have released a shared policy summary on new requirements to strengthen operational resilience in the financial services sector.

Citigroup fined £43.9m for regulatory reporting failures

The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.

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