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Prudential Regulation Authority: the future approach to insurance supervision
The Bank of England (the Bank) and the Financial Services Authority (FSA) have published a joint paper The Bank of England, Prudential Regulation Authority - Our approach to insurance supervision setting out the current thinking on how the future Prudential Regulation Authority (PRA) will approach the supervision of insurers.
Published on
20 June 2011
Recognising that the risks posed by insurers are different from the other firms it will supervise, the PRA will have a specific insurance objective and a distinct approach to supervising insurers.
Press release