PRA makes final rules on definition of insurance holding company

Following its consultation last autumn, the PRA has published a policy statement which sets out its approach to interpreting and applying the definition of “insurance holding company” for the purposes of the Group Supervision Part of the PRA Rulebook.

The PRA’s final rules and policy include amendments to the PRA Rulebook Glossary which will take effect on 7 July 2023.

Lucy Hadrill