PRA makes new rules

PRA has made changes to its rules, supervisory statements, statements of policy and technical standards following its Occasional consultation 3/22. The changes affect:

  • Solvency II firms: in respect of the Statement of Policy on publication of Solvency II technical information
  • CRR firms and consolidation entities: in respect of minor amendment to the SS 45/15 on the UK leverage framework, various amendments consequent on CRR rules and amendments to the Pillar 3 liquidity disclosure template
  • banks, building societies and PRA-designated firms in respect of consequential changes arising from the introduction of the IFPR and
  • all firms in respect of the deletion of various non-relevant policy material

The majority of the changes take effect from 1 September.

Emma Radmore