Latest news and publications
15 November 2018: The Bank, with the help of the PRA and FCA, is writing to UK firms to ensure that they are aware of the requirement introduced by the EU Central Securities Depositories Regulation that firms that carry out settlement activity outside central securities depositories (CSDs) report data quarterly on this activity to the Bank of England. The letter asks firms to confirm by 31 December 2018 whether they would be captured by this reporting obligation, and to provide contacts details for further, direct, communication. Further information, including a link to the letter, is available on the Financial market infrastructure supervision webpage.
15 November 2018: We published Policy Statement 29/18 ‘Securitisation: The new EU framework and Significant Risk Transfer’, SS10/18 ‘Securitisation: General requirements and capital framework’, and updates to SS9/13 ‘Securitisation: Significant Risk Transfer’ and ‘SS31/15 ‘The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP)’.
14 November 2018: We published final policy and materials alongside Policy Statement 28/18 ‘UK leverage ratio: Applying the framework to systemic ring-fenced bodies and reflecting the systemic risk buffer’. See the Structural reform and Regulatory reporting – banking sector webpages for more information.
7 November 2018: Following the legislation implementing the temporary permissions regime, we issued a PRA Direction ‘Temporary permission and variation: notification before exit day’ – see the Temporary permissions regime webpage for more information.
31 October 2018: We published CP27/18 ‘Solvency II: Adjusting for the reduction of loss absorbency where own fund instruments are taxed on write down’. Consultation responses are requested by Wednesday 2 January 2019.
31 October 2018: We published updated versions of the PRA’s approach to supervision.
25 October 2018: We published ‘Good cop/bad cop’, a speech by Sam Woods, Deputy Governor for Prudential Regulation and the CEO of the PRA, at the Mansion House City Banquet, which describes the two different roles the regulator often finds itself playing.
25 October 2018: The Bank of England published a news release with links to all publications issued today. For further information and materials about our work on the UK’s withdrawal from the EU, please see the new dedicated EU withdrawal webpage that includes links to information on the authorisation of EEA banks and insurers, and the temporary permissions regime.
