Prudential regulation

In this section

Who are we?

What do we do?

Policy and tools

Prudential and Resolution Policy Index

Low impact amendments process (LIAP)

We are the Prudential Regulation Authority

As part of the Bank of England, we are responsible for the prudential regulation and supervision of around 1,292 banks, building societies, credit unions, insurers and major investment firms. Find out which firms we regulate.

We create policy for the firms we regulate to follow, enacted through the PRA Rulebook. Our rules require financial firms to maintain sufficient capital and have adequate risk controls in place.

We also supervise firms, to ensure that we have a comprehensive overview of their activities so that we can step in if they are not being run in a safe and sound way or, in the case of insurers, if they are not protecting policyholders adequately.

Find out more about what we do

External links

21 November 2025 – CP23/25 – Regulatory fees and levies: policy proposals for 2026/27 – Joint PRA and FCA consultation
Closes 16 January 2026
8 December 2025 – PS27/25 – Future banking data review: Deletion of banking reporting templates

5 December 2025 – PS26/25 – Discontinuing SS20/15: Supervising building societies’ treasury and lending activities

3 December 2025 – PS25/25 – Enhancing banks’ and insurers’ approaches to managing climate-related risks – Update to SS3/19

27 November 2025 – PS23/25 – Margin requirements for non-centrally cleared derivatives: Amendments to BTS 2016/2251

18 November 2025 – PS24/25 – Depositor protection

12 November 2025 – PS22/25 – Leverage Ratio: Changes to the retail deposits threshold for application of the requirement

28 October 2025 – PS20/25 – The Strong and Simple Framework: The simplified capital regime for Small Domestic Deposit Takers

28 October 2025 – PS19/25 – Restatement of CRR requirements – 2027 implementation – near-final

28 October 2025 – PS18/25 – Retiring the refined methodology to Pillar 2A – near–final

23 October 2025 – PS17/25 – Matching Adjustment Investment Accelerator

15 October 2025 – PS21/25 – Remuneration Reform

9 October 2025 – PS16/25 – Markets in Financial Instruments Directive Organisational Regulation (MiFID Org Reg)
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5 December 2025 – Mutuals landscape report

28 November 2025 – We published a letter setting out the key findings from its annual assessment of the Credit Union sector and the actions we expect you to take.

28 November 2025 – We published the outcomes of the annual deep, liquid and transparent (DLT) assessment for January 2026 implementation.

24 November 2025 – We published the Life Insurance Stress Test 2025 results: Annex 4 – insurer-specific results.

20 October 2025 – We published a Effective practices: Cyber response and recovery capabilities paper.

30 September 2025: We published a letter to chief financial officers of selected PRA-regulated deposit-takers which provides thematic feedback from the PRA’s review of written auditor reports received in 2025 covering IFRS 9 expected credit loss accounting (ECL) and accounting for climate risk.

We also published:

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More PRA publications

Subject to any transitional relief, PRA supervisory statements and PRA statements of policy applicable before 11pm Thursday 31 December 2020 should be read in conjunction with Supervisory Statement (SS) 1/19. This sets out how we expect firms to interpret EU-based references in non-binding PRA regulatory and supervisory materials after the UK’s withdrawal from the EU and the end of the transition period.

Information on other PRA publications can be found using the link below.

Prudential regulation publications

For a more in-depth look at our key regulatory news and publications for month, read our latest Regulatory Digest.

PRA Regulatory Digest

Our latest reports

Our annual report sets out our work on our strategic goals and statutory obligations and our business plan sets out our strategy, workplan and budget.