Banking publications and updates
PRA109 ‘Operational continuity’
30 April 2019
In PS10/17, ‘Ensuring operational continuity in resolution: reporting requirements’ the PRA committed to confirming the precise mechanism by which the PRA109 ‘Operational continuity’ data would be collected. The PRA confirm that this data will be collected via Excel. For the Excel template and related instructions please see ‘PRA data items and instructions’.
Letter from Victoria Saporta: Written auditor reporting – update and main thematic findings
18 April 2019
Letter to Chief Financial Officers of selected deposit-takers.
CP8/19 ‘Supervising international banks: Revision of the Branch Return’
8 April 2019
In this CP, the PRA sets out its proposals for changes to the format and content of the Branch Return Form, and additional guidance to assist firms in completing it.
This CP is relevant to all existing and prospective PRA-supervised branches of deposit-takers and designated investment firms which are not UK headquartered firms (‘international banks’).
This consultation closes on Sunday 7 July 2019.
Reminder of 1 July 2019 PRA110 implementation
1 April 2019
Firms are reminded that PRA110 reporting and the commencement of the dual reporting period with FSA047 and FSA048 will take effect on Monday 1 July 2019. Firms are encouraged to check the Regulatory reporting – banking sector page for updates on PRA110 reporting, and to continue to familiarise themselves with the policy, template and instructions, and Q&As, to prepare for implementation.
Reminder: Firm feedback survey
20 March 2019
The PRA seeks input from firms on the effectiveness and quality of our supervisory framework and approach. One of the ways we do this is through the annual firm feedback survey. The survey gives PRA-authorised firms the opportunity to comment on a number of topics.
Each year a sample of the small and medium-sized firms are also invited to complete the survey and a selection of these are invited to participate in a roundtable follow-up meeting. The smaller firms being surveyed in 2019 can expect to receive a notification on Wednesday 8 May 2019.
For more information visit the ‘firm feedback survey’ section on the supervision page.