PRA issues two bans and three public censures following failure of Enterprise the Business Credit Union Ltd
February 8, 2020
PRA issues two bans and three public censures following failure of Enterprise the Business Credit Union Ltd
Building operational resilience: impact tolerances for important business services
December 6, 2019
The Bank of England, PRA and FCA have today published a shared policy summary and co-ordinated consultation papers on new requirements to strengthen operational resilience in the financial services sector.
PRA and FCA publish Decision Notices given to former CEO who paid excessive remuneration to his wife to reduce his tax liability
November 19, 2019
PRA and FCA publish Decision Notices given to former CEO who paid excessive remuneration to his wife to reduce his tax liability
Second meeting of the PRA and FCA’s joint Climate Financial Risk Forum
August 13, 2019
The Climate Financial Risk Forum (CFRF) co-chaired by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), met for the second time in July 2019.
FCA and PRA jointly fine Raphaels Bank £1.89m for outsourcing failings
May 31, 2019
The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have fined R. Raphael & Sons plc (“Raphaels”) for failing to manage its outsourcing arrangements properly between April 2014 and December 2016.
UK Financial Conduct Authority and Australian Securities and Investments Commission agree to strengthen cooperation post-Brexit
April 9, 2019
FCA and ASIC today announced they have agreed two Memoranda of Understanding to ensure there is continuity once UK leaves the European Union.
First Meeting of the PRA and FCA’s joint Climate Financial Risk Forum
March 16, 2019
On Friday 8 March, the PRA and FCA hosted the first meeting of the Climate Financial Risk Forum (CFRF). The objective of the CFRF is to build capacity and share best practice across financial regulators and industry to advance financial sector responses to the financial risks from climate change.
Joachim Wuermeling: Brexit – implications for UK branches of German banks
February 19, 2019
The temporary permissions regime will mitigate the outcome of a possible hard Brexit. Nevertheless, thorough preparations by financial institutions are necessary.
Solvency II: Data Collection of Market Risk Sensitivities
July 29, 2018
This supervisory statement sets out the Prudential Regulation Authority’s (PRA) expectations in respect of the reporting of sensitivities of solvency position to various changes in market risk. The firms in …
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Payment Systems Memorandum of Understanding
July 27, 2018
Bank of England, PRA, FCA and PSR review Memorandum of Understanding in relation to payment systems in the UK The Bank of England (BoE), the Financial Conduct Authority (FCA), the …
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