SoP 1/19 - Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU

Published on 1 November 2024. Effective from 1 November 2024

• Statement of policy – Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU – November 2024 (PDF)

- Following PS18/24 – Supervisory statement – Prudential assessment of acquisitions and increases in control

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Published 29 November 2022. Effective from 29 November 2022

• Statement of policy ‘Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU’ – November 2022 (PDF)

- Following PS9/22 ‘Amendments to the PRA's approach to identifying other systemically important institutions (O-SIIs)’.

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8 August 2022. Effective from 1 September 2022.

• Statement of Policy ‘Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU’ – August 2022 (PDF)

- Following PS7/22 ‘Responses to Occasional Consultation Paper' - March 2022.

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Confirmed as final in October 2021, following near-final future version published July 2021. Updated on 17 December 2021 to incorporate those changes. Effective from Saturday 1 January 2022.

• Statement of Policy ‘Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU’ – January 2022 (PDF)

Confirmed final by PS22/21 ‘Implementation of Basel standards’. First published as near-final as part of PS17/21 ‘Implementation of Basel standards’. Updated on 17 December 2021 to incorporate changes from PS29/21 ‘Review of Solvency II: Reporting (Phase 1)’.

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Published on 17 December 2021. Effective from 17 December 2021. (Superseded on 1 January 2022 by January 2022 version). 

• Statement of Policy ‘Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU – December 2021 (PDF)

- Following PS29/21 ‘Review of Solvency II: Reporting (Phase 1)’

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Published on 18 December 2020. Effective from 11.00pm Thursday 31 December 2020. (Superseded on 17 December 2021 by December 2021 version).

• Statement of Policy ‘Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU’ – December 2020 (pdf)

- Following PS27/20 ‘The Bank of England’s amendments under the European Union (Withdrawal) Act 2018: Changes before the end of the transition period'

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Published: 18 April 2019

• Statement of Policy ‘Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU’ (PDF) – April 2019 (pdf)

Published as part of joint Bank of England and PRA Policy Statement 5/19 ‘The Bank of England’s amendments to financial services legislation under the European Union (Withdrawal) Act 2018’.

Effective from: The date of the UK’s withdrawal from the EU

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Published: 28 February 2019

• Statement of Policy ‘Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU’(pdf)

Published as near-final as part of joint Bank of England and PRA Policy Statement 5/19 ‘The Bank of England’s amendments to financial services legislation under the European Union (Withdrawal) Act 2018’.

Effective from: No longer effective (superseded by the April 2019 version).