PRA finalises some low impact amendments and consults on more

The PRA has finalised a set of low impact amendments to its rules on Fees, Skills, Knowledge and Expertise and SS3/18, and is consulting on more, which will:

• update the Groups part of the Rulebook;
• make consequential updates to various rules relating to the Capital Requirements Regulations;
• amend the countercyclical buffer rates UK technical standard;
• change the frequency of the O-SII review and firms in scope of the buffer; and
• update the PRA’s approach to publishing Solvency II technical information.

It asks for comments by 12 May.