Prudential regulation

In this section

Who are we?

What do we do?

Policy and tools

Prudential and Resolution Policy Index

Low impact amendments process (LIAP)

We are the Prudential Regulation Authority

As part of the Bank of England, we are responsible for the prudential regulation and supervision of around 1,292 banks, building societies, credit unions, insurers and major investment firms. Find out which firms we regulate.

We create policy for the firms we regulate to follow, enacted through the PRA Rulebook. Our rules require financial firms to maintain sufficient capital and have adequate risk controls in place.

We also supervise firms, to ensure that we have a comprehensive overview of their activities so that we can step in if they are not being run in a safe and sound way or, in the case of insurers, if they are not protecting policyholders adequately.

Find out more about what we do

External links

13 January 2026 – CP1/26 – Financial Services Compensation Scheme – Management Expenses Levy Limit (MELL) 2026/27
Closes 10 February 2026

21 November 2025 – CP23/25 – Regulatory fees and levies: policy proposals for 2026/27 – Joint PRA and FCA consultation
Closes 16 January 2026
8 December 2025 – PS27/25 – Future banking data review: Deletion of banking reporting templates

5 December 2025 – PS26/25 – Discontinuing SS20/15: Supervising building societies’ treasury and lending activities

3 December 2025 – PS25/25 – Enhancing banks’ and insurers’ approaches to managing climate-related risks – Update to SS3/19

27 November 2025 – PS23/25 – Margin requirements for non-centrally cleared derivatives: Amendments to BTS 2016/2251

18 November 2025 – PS24/25 – Depositor protection

12 November 2025 – PS22/25 – Leverage Ratio: Changes to the retail deposits threshold for application of the requirement
- Show all policy
15 January 2026: We published a letter to Chief Executive Officers of PRA-regulated Insurance firms.

15 January 2026: We published a letter to Chief Executive Officers of PRA-regulated international banks active in the UK.

15 January 2026: We published a letter to Chief Executive Officers of PRA-regulated UK deposit takers.

11 December 2025: The ninth edition of the Regulatory Initiatives Grid was published by the Financial Services Regulatory Initiatives Forum. The Grid sets out the regulatory pipeline to give firms a clear view of upcoming regulatory initiatives. The Forum is comprised of the Bank of England (including the Prudential Regulation Authority), Financial Conduct Authority, Competition & Markets Authority, Payment Systems Regulator, Financial Reporting Council, Information Commissioner’s Office, The Pensions Regulator, and HM Treasury (as an observer member).

The ninth edition of the Grid illustrates the Bank’s commitment to supporting growth, including through initiatives designed to ensure financial stability (which is a necessary foundation for growth). Initiatives in the Grid also aim to increase regulatory efficiency, facilitate innovation and increase consumer confidence and investment.

5 December 2025 – Mutuals landscape report

28 November 2025 – We published a letter setting out the key findings from its annual assessment of the Credit Union sector and the actions we expect you to take.

28 November 2025 – We published the outcomes of the annual deep, liquid and transparent (DLT) assessment for January 2026 implementation.

24 November 2025 – We published the Life Insurance Stress Test 2025 results: Annex 4 – insurer-specific results.

We also published:

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More PRA publications

Subject to any transitional relief, PRA supervisory statements and PRA statements of policy applicable before 11pm Thursday 31 December 2020 should be read in conjunction with Supervisory Statement (SS) 1/19. This sets out how we expect firms to interpret EU-based references in non-binding PRA regulatory and supervisory materials after the UK’s withdrawal from the EU and the end of the transition period.

Information on other PRA publications can be found using the link below.

Prudential regulation publications

For a more in-depth look at our key regulatory news and publications for month, read our latest Regulatory Digest.

PRA Regulatory Digest

Our latest reports

Our annual report sets out our work on our strategic goals and statutory obligations and our business plan sets out our strategy, workplan and budget.