Top news and publications
- CP6/26 – High loan to income lending
- CP7/26 – Regulated fees and levies: Rates proposals 2026/27
- PS12/26 – Review of the Senior Managers and Certification Regime (SM&CR) − Phase 1
- LIAC01/26 – Low Impact Amendments Consultation April 2026
- LIAF01/26 – Low Impact Amendments Finalisation April 2026
- Prudential Regulation Authority Business Plan 2026/27
- Updates to SoP14/24 – The Prudential Regulation Authority’s approach to cost benefit analysis
- Prudential Regulation Authority’s statement in relation to HM Treasury’s Risk Transformation Regulations consultation response – April 2026
Cross cutting publications
CP7/26 – Regulated fees and levies: Rates proposals 2026/27
17 April 2026
This consultation paper (CP) sets out proposals for the Prudential Regulation Authority’s (PRA) fees for 2026/27. This CP is relevant to all firms that currently pay PRA fees or are expecting to do so within the 2026/27 fee year.
Prudential Regulation Authority Business Plan 2026/27
17 April 2026
The 2026/27 Business Plan sets out the workplan for each of our strategic priorities and our strategy to advance our primary and secondary objectives. This year’s business plan confirms the PRA’s continued focus on safety and soundness and policyholder protection, alongside a proportionate and efficient approach to regulation.
PS12/26 – Review of the Senior Managers and Certification Regime (SM&CR) − Phase 1
22 April 2026
This policy statement (PS) sets out the PRA’s Phase 1 reforms to the regime in the light of stakeholder responses to CP18/25 – Review of the Senior Managers and Certification Regime (SM&CR) . In parallel, the FCA has published its policy statement on Phase 1 of the SM&CR. These reforms help ensure the SM&CR delivers its goals in an effective and proportionate manner, helping to support a dynamic, stable and competitive financial services sector. The PRA will issue a further consultation on more far-reaching Phase 2 reforms in the light of HMT’s concurrent consultation response and HMT will put forward a draft Bill to enact the legislative changes to enable those further reforms.
LIAF01/26 – Low Impact Amendments Finalisation April 2026
23 April 2026
This policy sets out the PRA's final low‑impact amendments to its rules and policy materials, including changes consulted on previously and minor updates made without further consultation. The amendments are intended to improve the clarity, accuracy and operation of the PRA Rulebook and related supervisory materials, and are relevant to all PRA‑regulated firms.
LIAC01/26 – Low Impact Amendments Consultation April 2026
23 April 2026
This consultation proposes a low impact amendment to the Groups Part of the PRA Rulebook to clarify that proportional consolidation applies where a participation arises through voting rights as well as share of capital. The change addresses an unintended inconsistency in the current drafting and aligns the rules with the definition of a participation, which includes ownership of 20% or more of voting rights or capital. The amendment would apply to all Capital Requirements Regulation (CRR) firms until 31 December 2026 and would remain in effect when the restated CRR rules take effect from 1 January 2027. The consultation closes on Wednesday 21 May 2026, with implementation proposed for July 2026.
Updates to SoP14/24 – The Prudential Regulation Authority’s approach to cost benefit analysis
29 April 2026
CBA is an integral part of good policymaking. Supported by the CBA Panel, CBA enhances the transparency of our policymaking and our accountability and helps us make better policies. The PRA’s statement of policy (SoP) on CBA sets out our approach. It incorporates feedback from the CBA Panel and members of the public. This SoP was first published on 12 December 2024 and, after welcoming and considering feedback from members of the public, an updated version was published on 29 April 2026.
Banking publications and updates
CP6/26 – High loan to income lending
1 April 2026
This CP sets out proposed amendments to the PRA Rulebook and the Financial Conduct Authority’s (FCA) general guidance on the Financial Policy Committee's (FPC) recommendation to amend implementation of its loan to income (LTI) flow limit in mortgage lending.
Updates to the data items, instructions and taxonomy section on the banks, building societies and investment firms webpage
The PRA has updated the tables in the Data items, instructions and taxonomy section on the banking regulatory reporting webpage to reflect the reporting and disclosure requirements expressed in PS1/26 – Implementation of Basel 3.1: Final rules and PS4/26 – The Strong and Simple Framework: The simplified capital regime for Small Domestic Deposit Takers (SDDTs) – final rules, intended to take effect from Friday 1 January 2027.
Insurance publications and updates
Prudential Regulation Authority’s statement in relation to HM Treasury’s Risk Transformation Regulations consultation response – April 2026
29 April 2026
The PRA welcomes HM Treasury’s (HMT) proposals to progress legislative reforms to the UK’s risk transformation regime, affecting insurance special purpose vehicles (ISPVs), and to enable the use of Protected Cell Company (PCC) captives. The PRA has worked closely with HMT on these proposals.
Bank of England Insurance taxonomy v2.2.0 PWD
21 April 2026
We published the Bank of England Insurance taxonomy v2.2.0 PWD on Tuesday 21 April 2026, setting out the technical implementation of the proposals outlined in the CP22/25 – UK Solvency II reporting and disclosure: Post-implementation amendments and CP4/26 – UK Solvency II Own Funds: Updates and fixes to rules and expectations. This PWD should not be used for live reporting. We have provided the Data Point Model (DPM), annotated templates and data dictionary to request industry feedback on the proposed data point modelling and business validation rules.
We invite feedback from firms and software vendors on the PWD technical artefacts to uktaxonomypwdfeedback@bankofengland.co.uk by Wednesday 20 May 2026.
More information
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