Minimum Capital Requirements

Policies relating to minimum capital requirements for banks, building societies and investment firms.

UK legislation

  • Required Level of Own Funds - Capital Requirements Regulation (EU) No 575/2013 (Part Three, Title I)

Supervisory Statements and Statements of Policy

  • The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP) (SS31/15)
  • Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082, and PRA 111 (SS32/15)
  • The PRA's methodologies for setting Pillar 2 capital (Statement of Policy)

Other relevant material

Guidelines originally issued by European Supervisory Authorities should be read in conjunction with "Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU" (Statement of Policy)

  • Guidelines on common procedures and methodology for Supervisory review and Evaluation Process (SREP) (EBA/GL/2014/13)
  • Guidelines on ICAAP and ILAAP information (EBA/GL/2016/10)
  • Guidelines of institutions' stress testing (EBA/GL/2018/04)
This page was last updated 31 January 2023