Our latest EU withdrawal updates
30 June 2020: We published Consultation Paper (CP) 5/20 ‘Solvency II technical information: The PRA’s proposed approach to the publication at the end of the transition period’ alongside a draft Statement of Policy on the same topic.
7 May 2020: Jointly with the Bank of England, Financial Conduct Authority, Competition & Markets Authority, Payment Systems Regulator and HM Treasury (as observer member), we published the Regulatory Initiatives Forum’s first grid – a consolidated plan of initiatives that the authorities consider will, or may, have significant operational impact on firms across the next 12 months.
30 April 2020: Joint with the Bank we published a ‘Joint Bank and PRA statement on the proposed use of temporary transitional powers at the end of the transition period’, which relates to HM Treasury’s publication of their intention to ‘shift’ the temporary transitional power.
10 March 2020: We published a speech from Vicky Saporta, Executive Director of Prudential Policy, at the International Business and Diplomatic Exchange 2020 Annual Conference on 'The ideal post-EU regulatory framework'.
28 February 2020: We published a letter on ‘Outstanding EU liabilities following the UK’s withdrawal from the European Union’ from Anna Sweeney, Executive Director of Insurance Supervision, to relevant PRA-regulated insurance firms.