Published on 19 December 2025
In LIAF03/25, the PRA is finalising a set of low impact amendments to rules following LIAC02/25 – Low Impact Amendments Consultation October 2025. These include:
- the conditional disapplication of the PRA General Provisions to give effect to the deference arrangements under the UK Swiss-Berne Financial Services Agreement;
- an amendment to the Transitional Measure on Technical Provisions Part of the PRA Rulebook, TMTP Calculation, Rule 5.2;
- an Amendment to the Insurance Special Purpose Vehicle Part of the PRA Rulebook, Solvency Requirements, Rule 2.2A(3) and an amendment to SS2/25 – Prudential considerations for insurance and reinsurance undertakings when transferring risk to Special Purpose Vehicles; and
- a collection of miscellaneous amendments to the PRA Rulebook.
The PRA is also making the following amendments without further consultation:
- updates to hyperlinks in the CRR Firms Reporting Pillar 2 Part of the PRA Rulebook; and
- an amendment to the Fees Part of the PRA Rulebook to reflect confirmed policy.
More information about these amendments is available on the Low Impact Amendments Process page.