Tag: Prudential Regulation Authority
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...
Non-financial risk: the grey rhino facing financial firms
When discussions about risk in financial services arise, the conversation typically centres on familiar categories such as credit risk, market volatility and liquidity stress....
Bank of England appoints Katharine Braddick deputy governor
The Bank of England has appointed Katharine Braddick CB as the next deputy governor for prudential regulation and CEO of the PRA succeeding Sam...
How UK insurers should tackle PRA climate risk guidance
The Bank of England's (BoE) Prudential Regulation Authority (PRA) published Supervisory Statement 5/25 last December, setting out its concerns over the systemic risks that...
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...
Europe and UAE tighten cross-border fund rules
Regulators across Europe, the United Kingdom, Switzerland and the United Arab Emirates have introduced a series of updates that collectively reshape the cross-border fund...
Regulators back fast-growing banks via new Scale-up Unit
The UK’s financial regulators have named the first firms set to benefit from a new initiative designed to support fast-growing financial institutions as they...
New UK-EU pact targets resilience of critical third parties
UK and EU regulators have taken a significant step towards strengthening cross-border supervision of critical third parties by signing a new Memorandum of Understanding...
Why data lineage is key to regulatory reporting
Last year, the Bank of England renewed renewed its call for financial institutions to strengthen their data governance and reporting frameworks.
By calling for stronger...
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...










