Prudential Regulation Authority Annual Report 2018

The Bank of England and the Prudential Regulation Authority (PRA) publish separate annual reports. The PRA report includes information on our activities for the year ended 28 February 2018.
Published on 14 June 2018

1 March 2017 - 28 February 2018

Presented to Parliament pursuant to paragraph 19(4) of Schedule 1ZB of the Financial Markets and Services Act 2000 (FSMA) as amended by the Financial Services Act 2012 and the Bank of England and Financial Services Act 2016.

The report contains:

  • Foreword by the Chair
  • Report by the Chief Executive
  • Prudential Regulation Committee (PRC) – members and responsibilities
  • Annual report of the PRC to the Chancellor of the Exchequer
  • Review of 2017-18
  • Complying with FSMA
  • PRA Annual Competition Report – June 2018 and
  • Financial Review of 2017-18

Since 1 March 2017, the PRA has been part of the legal entity of the Bank of England. The PRA Annual Report completes our reporting obligations for the year ending 28 February 2018, following the publication of the PRA Business Plan 2018/19, including the PRA Strategy. 

Readers may find it helpful to read the PRA Annual Report alongside the Bank of England Annual Report and Accounts, which includes the PRA’s statement of accounts for the reporting period ended 28 February 2018.

PDF Prudential Regulation Authority Annual Report 2018


The public consultation closed on 28 September 2018.  No correspondence was received.

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