December 6, 2017
The PRA has published a consultation paper CP25/17 on updates to reporting requirements for Pillar 2. The CP proposes the following:
- New data item (PRA111) to capture stress testing data currently included in firms’ Internal Capital Adequacy Assessment Process (ICAAP) documents;
- Reduction in frequency of reporting of data items in the Reporting Pillar 2 Part of the PRA Rulebook;
- Consolidation of definitions in several reporting Parts of the PRA Rulebook into the Glossary
Further details can be found on the PRA website here.