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

Latest news and publications

8 January 2019: We published PS1/19 ‘Liquidity reporting: FSA047, FSA048, and PRA110’ and an updated SS34/15 ‘Guidelines for completing regulatory reports’. Further information on PRA110 reporting, which takes effect from 1 July 2019, is available in the ‘Reporting of PRA110’ section on the Regulatory reporting – banking sector webpage.

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