The power of direction over qualifying parent undertakings

Statement of Policy
Published on 01 April 2013

This Prudential Regulation Authority (PRA) statement of policy publishes the final statement of policy on the PRA’s use of the power to direct qualifying parent undertakings and includes:

  • the statement of policy on the use of the power to direct qualifying parent undertakings;
  • a non-exhaustive list of possible scenarios in which the PRA may consider exercising the power of direction; and
  • a non-exhaustive list of possible directions which the PRA may consider taking.

PDFStatement of Policy

 

Published on 21 December 2012

The power of direction over qualifying parent undertakings by the PRA: consultation on a draft policy statement 

PDFConsultation Paper
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