Tag: PRA

The term "deregulation" is increasingly prevalent among global policymakers, with a common narrative about cutting through the bureaucratic red tape that supposedly stifles competition. Since the 2008 financial crisis, financial institutions have been operating under a dense regulatory framework designed to mitigate risks and uphold financial stability.

The PRA has announced its proposal to increase the Financial Services Compensation Scheme (FSCS) deposit protection limit from £85,000 to £110,000. This update, the...

The FCA and the PRA have decided to abandon their proposed plans to introduce new rules aimed at enhancing diversity and inclusion within the financial services sector.

Different jurisdictions around the world are gearing up to implement Basel IV, each adopting a unique approach that considers local market conditions and regulatory frameworks.

Griffin, a groundbreaking full-stack Banking as a Service (BaaS) platform, has officially announced its transition to a fully operational bank.

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

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

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

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

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