FIN.

PRA consults on IRB approach to UK mortgage risk weights

PRA is consulting on rule changes to address the prudential risks that stem from inappropriately low IRB mortgage risk weights.   A by-product of the proposals would also narrow the differentials between IRB and standardised approach risk weights and limit future divergence.  PRA feels this would be helpful to competition.

Consultation close son 30 January 2021.

Emma Radmore