Regulatory News, Regulatory News - EMEA

Supervising international banks: Revision of the Branch Return – CP8/19

April 8th, 2019 The PRA have published Consultation Paper (CP)8/19, which sets out its proposals for changes to the format and content of the Branch Return Form (the Return), and additional guidance to assist firms in completing it. The PRA proposes to: Provide guidance for completion of the Return in SS34/15 alongside the other reporting […]

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Pillar 2 liquidity: Updates to the framework

March 19th, 2019 The PRA have published Consultation Paper 6/19, which sets out proposals for regulatory reporting amendments and clarifications to the Pillar 2 liquidity framework. The proposed changes would be implemented through amendments to: The Regulatory Reporting Part of the PRA Rulebook; (Appendix 1); Statement of Policy (SoP) ‘Pillar 2 Liquidity’ (Appendix 2); Supervisory […]

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Credit risk mitigation: Eligibility of financial collateral – CP1/19

January 10th, 2019    The PRA have published Consultation Paper (CP)1/19, which sets out its proposed changes to Supervisory Statement (SS) 17/13 ‘Credit risk mitigation’ to clarify expectations regarding the eligibility of financial collateral as funded credit protection under Part Three, Title II, Chapter 4 (Credit risk mitigation) of the Capital Requirements Regulation (575/2013) (CRR). […]

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Liquidity reporting: FSA047, FSA048, and PRA110 – PS1/19

January 8th, 2019    The PRA have published Policy Statement PS1/19, which provides feedback to responses to Consultation Paper (CP)22/18 ‘Liquidity reporting: FSA047 and FSA048’ and the proposal in CP16/18 ‘Regulatory reporting: occasional consultation paper’ to correct the level of consolidation of the PRA110 reporting requirements. It also contains the PRA’s final policy as follows: […]

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PRA Publishes PS30/18 and Updates to SS34/15 and SS32/15

December 5th 2018   The PRA has published PS30/18 ‘Regulatory reporting: Responses to CP16/18’, updates to SS34/15 ‘Guidelines for completing regulatory reports’ and SS32/15 ‘Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082 and PRA 111’. The relevant details can be found on the PRA’s Regulatory Reporting section here. Related Links: Outline […]

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PRA Publishes PS29/18 – Securitisation: The New EU Framework and Significant Risk Transfer

November 15th 2018 The PRA has published Policy Statement (PS) 29/18 ‘Securitisation: The New Framework and Significant Risk Transfer’, which provides feedback on responses to CP12/18. The PS also contains the PRA’s final policy as follows: final Supervisory Statement (SS) 10/18 ‘Securitisation: General requirements and capital framework’ (Appendix 1); updated SS9/13 ‘Securitisation: Significant Risk Transfer’ […]

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PRA Publishes CP28/18 & PS28/18 – UK leverage ratio: Applying the framework to systemic ring-fenced bodies and reflecting the systemic risk buffer

November 14th 2018  The PRA has published Policy Statement (PS) ‘UK leverage ratio: Applying the framework to systemic ring-fenced bodies and reflecting the systemic risk buffer’. It contains the PRA’s final policy to update: The Leverage Ratio, Public Disclosure, Reporting Leverage Ratio, and Ring-fenced Bodies Parts of the PRA Rulebook (Appendix 1); Supervisory Statement (SS) […]

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PRA publish version 2 of the PRA110 Q&As

November 9th 2018 On November 9th, the PRA published version 2 of the PRA110 Q&As which has been updated covering responses on questions related to: technical implementation; the LCR weights; and memorandum items. This supersedes the version previously published on 28 September 2018. The Q&As are in response to a number of additional questions from […]