Top news and publications
DP1/26 – Future Banking Data
CP2/26 – Reforms to securitisation requirements
CP3/26 – PRA rule changes to accommodate HM Treasury’s Overseas Prudential Requirements Regime
CP4/26 – UK Solvency II Own Funds: Updates and fixes to rules and expectations
PS5/26 – Credit Union Service Organisations
Cross cutting publications
CP2/26 – Reforms to securitisation requirements
17 February 2026
This consultation paper (CP) sets out the PRA’s proposed rules and expectations for PRA-authorised firms participating in securitisations. The proposals mainly relate to the securitisation general (or conduct) requirements, although certain proposals relate to securitisation capital requirements for Capital Requirements Regulation (CRR) firms.
Banking publications and updates
Update on Branch Returns (BRT001)
1 March 2026
From 1 March 2026, the PRA has updated the version number of the BRT001 data item as published in PS6/25 - International Firms: Updates to SS5/21 and Branch reporting. The new version is now available to download from the Banks website Banks, building societies and investment firms.
This data item will continue to be collected via the Bank of England Electronic Data Submission (BEEDS) portal.
For more information, please see Reporting guidance for the Branch Return and Branch Return: Q&As
DP1/26 – Future banking data
4 February 2026
The DP sets out how the PRA uses data for supervisory, operational, and policy purposes including supporting risk assessment, to confirm compliance with its rules, for peer group analysis, for financial stability monitoring, and for policy analysis, research, and evaluation. The PRA uses a wide range of regulatory data covering capital and liquidity, credit quality, market and counterparty risk and many other aspects of firm risk and performance. Regulatory data are supplemented by management information provided by firms – which is central to building the PRA’s understanding of how firms are taking decisions – and ad-hoc data collections that focus on new and emerging issues.
CP3/26 – PRA rule changes to accommodate HM Treasury’s Overseas Prudential Requirements Regime
19 February 2026
This consultation paper (CP) sets out the Prudential Regulation Authority’s (PRA) proposed amendments to its rules to reflect the implementation of HM Treasury’s intended Overseas Prudential Requirements Regime (OPRR). The OPRR has been designed to restate, with modifications, a number of existing CRR equivalence provisions in legislation. HM Treasury consulted on the creation of the OPRR in July 2025 and published its response to this consultation, alongside the draft Overseas Prudential Requirements Regime (Credit Institutions and Investment Firms) Regulations 2026 (‘the draft OPRR SI’) on 19 February 2026.
PS5/26 – Credit Union Service Organisations
20 February 2026
This Prudential Regulation Authority (PRA) policy statement (PS) provides feedback to responses the PRA received to consultation paper (CP) 13/25 – Credit Union Service Organisations. It also contains the PRA’s final policy, as follows:
- amendments to the Credit Unions Part of the PRA Rulebook (Appendix 1); and
- updates to SS2/23 – Supervising credit unions (Appendix 2).
Insurance publication and updates
CP4/26 – UK Solvency II Own Funds: Updates and fixes to rules and expectations
25 February 2026
This CP proposes the restatement into PRA supervisory statements of the remaining relevant EIOPA guidelines on classification of own funds and ancillary own funds, with some targeted changes, which should also improve the clarity of the UK own funds framework.
PRA statement on the life insurance stress test in 2028
27 February 2026
The PRA published a statement providing an early indication to industry of the Prudential Regulation Authority’s (PRA) intent to launch the next Life Insurance Stress Test (LIST) exercise in January 2028.
More information
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