We are the Prudential Regulation Authority
As part of the Bank of England, we are responsible for the prudential regulation and supervision of around 1,292 banks, building societies, credit unions, insurers and major investment firms. Find out which firms we regulate.
We create policy for the firms we regulate to follow, enacted through the PRA Rulebook. Our rules require financial firms to maintain sufficient capital and have adequate risk controls in place.
We also supervise firms, to ensure that we have a comprehensive overview of their activities so that we can step in if they are not being run in a safe and sound way or, in the case of insurers, if they are not protecting policyholders adequately.
Latest news and publications
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30 April 2025 – CP10/25 – Enhancing banks’ and insurers’ approaches to managing climate-related risks – Update to SS3/19
Closes 30 July 20258 May 2025 – CP11/25 – Discontinuing SS20/15: Supervising building societies’ treasury and lending activities
Closes 8 August 202522 July 2025 – LIAC01/25: July 2025 - Low Impact Amendments Consultation
Closes 2 September 202522 May 2025 – CP12/25 – Pillar 2A review – Phase 1
Closes 5 September 202515 July 2025 – CP17/25 – Basel 3.1: Adjustments to the market risk framework
Closes 5 September 202515 July 2025 – CP18/25 – Review of the Senior Managers and Certification Regime (SM&CR)
Closes 7 October 202524 June 2025 – CP13/25 – Credit Union Service Organisations
Closes 24 October 202515 July 2025 – CP14/25 – Amendments to Resolution Assessment threshold and Recovery Plans review frequency
Closes 31 October 202515 July 2025 – CP15/25 – Resolution planning: Amendments to MREL reporting
Closes 31 October 202515 July 2025 – CP16/25 – Disclosure: resolvability resources, capital distribution constraints and the basis for firm Pillar 3 disclosure
Closes 31 October 2025 -
22 July 2025 - LIAF01/25: July 2025 - minor updates and corrections made without further consultation
17 July 2025 - PS12/25 – Restatement of CRR and Solvency II requirements in PRA Rulebook – 2026 implementation
17 July 2025 – PS14/25 – Amendments to the Large Exposures Framework – Part 1
16 July 2025 – PS13/25 – The PRA’s implementation of the Bank Resolution (Recapitalisation) Act
3 July 2025 – PS8/25 – Updates to the UK policy framework for capital buffers
30 June 2025 – PS10/25 – PRA annual fees consultation for 2025/26 – final policy statement
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29 July 2025: The PRA has reissued the 2024 O-SII buffer rates for ring-fenced banks and large building societies to reflect the FPC’s updated O-SII buffer framework.
15 July 2025: We published a PRA statement on prudential treatment of non-UK Covered Bonds.
9 July 2025: The Prudential Regulation Authority announces a review of the Loan to Income (LTI) flow limit rule and offers interim modification by consent.
4 July 2025: We published a letter to Chief Risk Officer to share the PRA’s view of the potential risks arising from the use of solvency-triggered termination rights clauses (STTRs) in bulk purchase annuity (BPA) transactions and our assessment of how firms are mitigating the risks involved.
27 June 2025: We published a Prescribed Persons (Reports on Disclosures of Information) Regulations 2017 – Annual Report 2024/25.
27 June 2025: We published the Results of the firm feedback survey 2024.
26 June 2025: We published the PRA Annual Report 2024/25, covering PRA activities from 1 March 2024 to 28 February 2025.
We also published:
More PRA publications
Subject to any transitional relief, PRA supervisory statements and PRA statements of policy applicable before 11pm Thursday 31 December 2020 should be read in conjunction with Supervisory Statement (SS) 1/19. This sets out how we expect firms to interpret EU-based references in non-binding PRA regulatory and supervisory materials after the UK’s withdrawal from the EU and the end of the transition period.
Information on other PRA publications can be found using the link below.
For a more in-depth look at our key regulatory news and publications for month, read our latest Regulatory Digest.
Our latest reports
Our annual report sets out our work on our strategic goals and statutory obligations and our business plan sets out our strategy, workplan and budget.
Prudential regulation news and publications
This page was last updated 29 July 2025