Our response to Coronavirus (Covid-19): regulatory measures for PRA firms

We are putting in place measures to support firms regulated by the Prudential Regulation Authority (PRA) during this difficult time.

We have taken a number of actions to help PRA-regulated firms deal with Covid-19. These regulatory actions are designed to maintain financial stability, ensure the safety and soundness of firms and make sure policyholders are protected.

We are working closely with regulated firms, the Financial Conduct Authority, HM Treasury, the Government and other financial regulators to co-ordinate our response in the most effective way.

Firms can find details of our regulatory response to support them below.

Details of any further regulatory actions to support firms will be published on this page.

Latest news and updates

11 August 2020: In response to a request from the Building Societies Association, we published a letter from Mel Beaman, Director for UK Deposit Takers: ‘Building societies sourcebook – fixed rate lending guidelines’.

28 July 2020: We published a ‘Statement by the PRA on EBA Guidelines on reporting and disclosure of exposures subject to measures applied in response to the Covid-19 outbreak’ which sets out how the EBA disclosure requirements are to be implemented and how firms should submit their disclosures, following the previous statements dated Wednesday 24 June and Friday 10 July. The disclosure template was published alongside this statement. 

28 July 2020: We published ‘PRA statement on dividend payments and share buybacks beyond 2020’, following the European Central Bank’s announcement on dividend payments and share buybacks.

Latest PRA publications

This page was last updated 11 August 2020
Was this page useful?
Add your details...