Prudential regulation

Prudential regulation rules require financial firms to hold sufficient capital and have adequate risk controls in place. Close supervision of firms ensures 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.

The Prudential Regulation Authority (PRA) at the Bank of England is responsible for this prudential regulation and supervision of around 1,500 banks, building societies, credit unions, insurers and major investment firms.

Find out more about what the PRA does

PRA publications

Consultations papers, policy statements, supervisory statements and statements of policy can be viewed individually by following the links below. Policy statements are published on the same page as the accompanying consultation paper. 

• Consultation papers and Policy statements

• Supervisory statements

• Statements of policy

• Prudential regulation news releases and speeches

• Statements and reports

• Letters

PRA Regulatory Digest

The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.

Latest PRA Regulatory Digest

Latest news and publications

19 September 2018: The PRA and FCA published two versions of a letter on ‘Firms’ preparations for transition from LIBOR to risk-free rates’ addressed to the CEOs of banking and insurance firms.

6 September 2018: We published a merger confirmation decision of the Skipton Building Society and Holmesdale Building Society. This confirms the transfer of the engagements and sets out the reasons for our decision.