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Prudential Regulation Authority Board members appointed
The Court of the Bank of England has appointed three independent directors to the Board of the Prudential Regulation Authority (PRA) which from 1 April will be responsible for the safety and soundness of banks, insurance companies and major investment firms.
Published on
06 March 2013
The appointments have been approved by the Chancellor of the Exchequer.
The new Directors will take up their duties immediately in order that the PRA can adopt rules and take other necessary decisions before taking over the FSA’s responsibilities.
Press release