13 December 2018: We published Policy Statement 32/18 ‘The system risk buffer: Updates to the Statement of Policy’ and an updated Statement of Policy ‘The PRA's approach to the implementation of the systemic risk buffer’.
5 December 2018: We published Policy Statement 30/18 ‘Regulatory reporting: Responses to CP16/18’, updated SS34/15 ‘Guidelines for completing regulatory reports’ and SS32/15 ‘Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082, and PRA 111’. This includes links to templates and instructions which have been updated to reflect their application to ring-fenced bodies, also available on the Regulatory reporting – banking sector page.
26 November 2018: We published ‘From construction to maintenance: patrolling the ring-fence’ a speech by James Proudman, Executive Director of UK Deposit Takers Supervision, about ring-fencing and its implications for the banks and the PRA.
22 November 2018: We published Consultation Paper 29/18 ‘The systemic risk buffer: Updates to the Statement of Policy’. Given the minor nature of the proposed updates, this consultation closes on Thursday 6 December 2018.
14 November 2018: We published Policy Statement 28/18 ‘UK leverage ratio: Applying the framework to systemic ring-fenced bodies and reflecting the systemic risk buffer’. This includes:
We have also published ‘Additional Leverage Ratio Buffer Model Requirements’ on the SS45/15 webpage.
The changes to the rules and expectations, and all other materials published today, will take effect from Tuesday 1 January 2019.
31 October 2018: We published the ‘Ring-fencing: Summary of regulatory reporting requirements’ pack which summarises the new regulatory reporting, and reporting system requirements in relation to ring-fencing. The pack is aimed at UK banking groups in scope of structural reform requirements that will be required to submit ring-fencing regulatory returns from 1 January 2019.
Ring-fencing: Summary of regulatory reporting requirements
12 September 2018: We published Consultation Paper (CP) 19/18 ‘Regulatory Reporting: EBA Taxonomy 2.9’. This CP sets out proposals to update certain PRA reporting requirements to reflect relevant proposals made by the European Banking Authority (EBA) in its open consultations on changes to the Implementing Technical Standards (ITS) on Supervisory Reporting.
This consultation closes on Wednesday 12 December 2018. The PRA invites feedback on the proposals set out in this consultation. Please address any comments or enquiries to CP19_18@bankofengland.co.uk.
3 July 2018: We published Consultation Paper (CP) 14/18 'UK leverage ratio: Applying the framework to systemic ring-fenced bodies and reflecting the systemic risk buffer'. The CP proposes to apply the systemic risk buffer (SRB) framework in the UK leverage ratio framework.
This consultation closes on Tuesday 25 September 2018.The PRA invites feedback on the proposals set out in this consultation. Please address any comments or enquiries to CP14_18@bankofengland.co.uk.
23 February 2018: We published updated versions of RFB001 to RFB008 instructions. The ‘Units’ section in each set of reporting instructions has been updated to clarify the precision required for reporting. The updated instructions can be found on Regulatory reporting – banking sector.
22 February 2018: We published updated details of banks’ ring-fencing transfer scheme court dates and the case reference numbers for each scheme:
Ring-fencing transfer schemes - dates for banks' court hearings
For more information on how to serve written statements (objections) to the PRA on RFTS, see Written statements to the PRA on RFTS.
12 February 2018: We published updated details of banks’ ring-fencing transfer scheme court dates. This was updated on Thursday 22 February, and is available above.
7 February 2018: We issued a modification by consent of Fitness and Propriety 2.7 so that firms subject to ring-fencing may apply to be exempt from having to obtain regulatory references from firms outside their group in respect of certain intragroup employee transfers linked to ring-fencing transfers.