Tag: Prudential Regulation authority

The UK’s banking regulators have announced the first firms to join a new supervisory initiative designed to support fast-growing financial institutions as they scale. The...

UK and EU financial regulators have taken a further step towards closer cross-border supervision by signing a new Memorandum of Understanding (MoU) aimed at...

Last year, the Bank of England (BoE) renewed its call for financial institutions to strengthen their data governance and reporting frameworks. In a communication...

Financial institutions have spent the past decade navigating an ever-expanding landscape of regulatory obligations. With the introduction of Basel 3.1, the sector faces not...

The PRA has published a discussion paper setting out potential changes to the capital requirements regime for residential mortgages, with the goal of helping...

The latest whitepaper from ALMIS International offers essential guidance for UK financial institutions navigating the complexities of the Basel 3.1 and SDDT frameworks.

The measures put in place to ensure regulated businesses have enough time to publish audited financial reports are still valid, remind two UK regulators.

The challenger bank for the wealthy Monument has received an authorisation with restriction banking licence from the Prudential Regulation Authority and the Financial Conduct Authority 18 months after its launch.

The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.

British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.