Tag: Prudential Regulation Authority

Four financial regulators in the UK have a Memorandum of Understanding (MoU) that sets out the framework the authorities use to cooperate in relation to UK payment systems.

The measures put in place to ensure regulated businesses have enough time to publish audited financial reports are still valid, remind two UK regulators.

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

British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.

The UK government has launched its Green Finance Strategy which aims to improve responses to the financial risks from climate change.