Our latest secondary competition objective work
24 October 2019: We published a speech ‘Credit union meets robot’ given by Sam Woods, Deputy Governor for Prudential Regulation and PRA Chief Executive at the Mansion House, London. The speech looks at the barriers to growth for small banks and credit unions, which can be the result of complex regulatory rules and ‘cliff-edge’ thresholds, and explains what we are doing about them at the PRA.
6 June 2019: We published the Annual Competition Report 2019 on pages 48-53 of the PRA Annual Report 2019.
17 January 2019: We published a speech ‘Seven awkward questions’ by Sam Woods, Deputy Governor for Prudential Regulation and PRA Chief Executive. This speech was delivered at a panel to celebrate the fifth anniversary of our secondary competition objective.