UK Regulator Plans to Ease Capital Rules for Investment Banks
The UK's Prudential Regulation Authority (PRA) is planning to dilute Basel capital regulations for investment banks' trading activities, aiming to keep Britain aligned with the US and EU.
Results for "Prudential Regulation Authority (PRA)"
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UK’s PRA fines Direct Line subsidiary over solvency II reporting error
The UK's Prudential Regulation Authority (PRA) has fined a subsidiary of Direct Line for errors in its Solvency II reporting, indicating a regulatory breach.
UK Regulator Warns of AI Cyber Security Risks for Banking Sector
Sam Woods, the outgoing chief of the UK's Prudential Regulation Authority (PRA), has identified AI cyber security risks as a top concern for banking threats, expressing significant worry about vulnerabilities in lenders' IT systems.
Bank of England Grills Lenders Over Collapsed Mortgage Provider MFS
The Bank of England's Prudential Regulation Authority (PRA) is scrutinizing lenders, including Barclays, over their due diligence practices following the collapse of mortgage provider MFS.
Bank of London Fined £2 Million for Misleading Banking Watchdog
The Bank of London and its parent firm have been fined £2 million by the Bank of England's Prudential Regulation Authority (PRA) for failing to conduct business with integrity and misleading the banking watchdog.
Top Barclays Executive Appointed to Lead UK Banking Supervisor
A senior Barclays executive has been appointed to lead the UK's banking supervisor, the Prudential Regulation Authority (PRA).