Responses to CP5/14

Policy Statement 4/14
Published on 27 May 2014

Background

This policy statement publishes final miscellaneous and minor policy amendments to the PRA’s rules, guidance and a supervisory statement. It follows Occasional Consultation Paper CP5/14 which was published in March 2014. This statement follows the same structure as CP 5/14 and includes the PRA’s responses the feedback received following consultation.

The policy on:

  • Financial Conglomerates Capital Adequacy
  • Proposed amendment to SS5/13

is relevant to all PRA firms.

The policy on:

  • Eligible liquid assets for Shari’ah compliant firms.
  • Risk management of asset encumbrance.

is relevant to relevant to banks, building societies and designated investment firms that are subject to chapter 12 of the Prudential sourcebook for Banks, Building Societies and Investment Firms (BIPRU).

PDFPolicy Statement 4/14

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