PRA Publishes CP12/17 – Pillar 2A Capital Requirements and Disclosure

July 12, 2017

The PRA has published a consultation paper (CP12/17) setting out proposed adjustments to the Pillar 2A capital framework, relevant to all banks, building societies and PRA-designated investment firms.

The CP sets out proposals to change Supervisory Statement (SS) 31/15 ‘The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP)’, and the Statement of Policy (SoP) ‘The PRA’s methodologies for setting Pillar 2 capital’.

Further details can be found on the PRA website here.