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

17 February 2026 – CP2/26 – Reforms to securitisation requirements
Closes 18 May 2026

23 April 2026 – LIAC01/26 – Low Impact Amendments Consultation April 2026
Closes 21 May 2026

17 March 2026 – CP5/26 – Modernising the liquidity policy framework

Closes 17 June 2026

1 April 2026 – CP6/26 – High loan to income lending
Closes 1 July 2026

29 April 2026 – CP8/26 – Funded reinsurance

Closes 31 July 2026
23 April 2026 – LIAF01/26 – Low Impact Amendments Finalisation April 2026

22 April 2026 – PS12/26 – Review of the Senior Managers and Certification Regime (SM&CR) − Phase 1

31 March 2026 – PS8/26 – Financial Services Compensation Scheme – Management Expenses Levy Limit (MELL) 2026/27
- Show all policy
19 May 2026: The tenth edition of the Regulatory Initiatives Grid was published by the Financial Services Regulatory Initiatives Forum. The Grid sets out the regulatory pipeline to give firms a clear view of upcoming regulatory initiatives. The Forum is comprised of the Bank of England (including the Prudential Regulation Authority), Financial Conduct Authority, Competition & Markets Authority, Payment Systems Regulator, Financial Reporting Council, Information Commissioner’s Office, The Pensions Regulator, and HM Treasury (as an observer member).

This Grid contains initiatives designed to strengthen the foundations for growth by ensuring financial stability, as well as initiatives that may have the direct benefit of increasing competition, facilitating innovation, boosting consumer confidence and trust, and supporting investment.

18 May 2026: We published two letters from David Bailey, Charlotte Gerken and Rebecca Jackson. One on reaffirming the PRA's position and clarifying expectations on innovations in the use of deposits, e-money and stablecoins and the other on the prudential treatment of tokenised assets, stablecoins, and other cryptoasset exposures.

15 May 2026: We published the results of the firm feedback survey 2025.

29 April 2026: We published a statement in relation to HM Treasury’s Risk Transformation Regulations consultation response and a Standard Cost Model technical note.

Sign up for latest updates

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.