On 17 September 2026, the PRA will host a roundtable in relation to CP11/26 – A tailored regime for captive insurance.
Why this matters
PRA industry roundtable announcement regarding CP11/26 consultation on tailored captive insurance regime. Covers authorisation, capital requirements, and reporting for single-parent captive insurers. Informational content announcing stakeholder engagement event with September 17, 2026 deadline, making urgency null.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
PRA regulatory digest containing multiple policy statements and consultation papers on capital buffers, overseas prudential requirements, Solvency II amendments, captive insurance regime, and fees.
Final policy statement on low-impact amendments to PRA Rulebook covering capital requirements (Groups Part, Countercyclical Capital Buffer), proportional consolidation rules, and technical corrections to reporting standards. Primarily affects banks and credit institutions.
The PRA is clarifying that it could release other systemically important institution (O-SII) buffers in the event of systemic stress.
Why this matters
PRA statement on capital buffers is prudential guidance for banks. The provided content is primarily cookie policy boilerplate without substantive regulatory detail, classified as informational news requiring null urgency.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
This is a regulatory digest containing multiple PRA publications and consultations. Primary focus is CP9/26 on Basel 3.1 IMA adjustments for market risk (prudential/capital requirements) and annual reports covering enforcement, cost-benefit analysis, and accountability metrics (reporting/disclosure).
The PRA has recently received a number of queries from firms relating to the identification, marking and reporting of FSCS protected deposits.
Why this matters
PRA reminder on FSCS protected deposit reporting obligations under Depositor Protection rules. Clarifies identification, marking and reporting requirements for class A tariff base calculations, including covered deposits and safeguarded funds. Applies to deposit-taking firms and international branches.
Appendix to the Prudential Regulation Authority Annual Report 2025/26
Why this matters
This is the PRA's annual accountability report on Secondary Competitiveness and Growth Objective (SCGO) performance metrics. It presents quantitative and qualitative data on regulatory standards alignment, banking/insurance resilience, operational efficiency, and stakeholder engagement.
The Cost Benefit Analysis (CBA) Panel is a statutory panel established to provide advice to the PRA and the Bank on the preparation of CBA. The Panel provides independent input to the PRA’s and the Bank’s CBAs, helping to support increased transparency and scrutiny of their policymaking. This report covers the period…
Why this matters
Annual report from PRA's Cost Benefit Analysis Panel presented to Parliament under FSMA 2023. Informational/procedural document covering prudential regulation framework and governance requirements applicable across regulated financial services firms. No time-sensitive compliance deadline indicated.
The Bank of England and the Prudential Regulation Authority (PRA) have published their annual reports. The PRA report includes information on our activities for the year ended 28 February 2026.
Why this matters
Annual report from PRA covering regulatory performance for 2025/26. Key content includes Basel 3.1 implementation (effective 1 Jan 2027), Strong and Simple framework for smaller banks, Life Insurance Stress Test results, operational/cyber resilience focus, and secondary objectives on competition and growth.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
PRA regulatory digest containing multiple policy statements and consultations on capital requirements (Pillar 2A, CRR definitions), cryptoasset/tokenisation prudential treatment, insurance third-country branches, and AI/cyber resilience. Mix of final policy statements and consultative feedback.
Letter to Chief Executive Officers of all banks and designated investment firms.
Why this matters
PRA letter clarifying regulatory position on deposits, e-money, and stablecoins innovations. Informational/guidance content from regulator addressing authorization and prudential expectations for financial institutions handling these products. No immediate compliance deadline indicated, classified as news/guidance.
Letter to Chief Executive Officers of all banks and designated investment firms.
Why this matters
PRA letter addressing prudential treatment and regulatory framework for cryptoasset exposures, tokenised assets, and stablecoins. Informational/guidance content from regulators (Bailey, Gerken, Jackson) on capital and prudential requirements for firms with crypto exposure.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
The 2026/27 Business Plan sets out the workplan for each of our strategic priorities and our strategy to advance our primary and secondary objectives. This year’s business plan confirms the PRA’s continued focus on safety and soundness and policyholder protection, alongside a proportionate and efficient approach to…
Why this matters
The regulatory update covers key prudential and operational resilience initiatives for banks and insurers, including implementation of Basel III, liquidity risk management, and oversight of emerging risks. This indicates medium urgency for these regulated firms.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
This regulatory digest covers a range of updates relevant to banking, investment management and wealth management firms, including new policies on operational resilience, resolution planning, and disclosure requirements.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
This regulatory update covers several topics relevant to banks and insurers, including proposed changes to securitization requirements, Solvency II own funds rules, and new data reporting requirements. The updates have medium urgency as they provide advance notice of upcoming consultations and policy changes.
This statement provides an early indication to industry of the Prudential Regulation Authority’s (PRA) intent to launch the next Life Insurance Stress Test (LIST) exercise in January 2028.
Why this matters
This is a regulatory statement from the Prudential Regulation Authority (PRA) regarding a stress test for the UK life insurance sector. It is focused on assessing the resilience of life insurers' financial positions under Solvency UK, which is a prudential regulatory framework.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
This regulatory update covers a range of prudential and reporting requirements for banks and insurers, including the implementation of Basel 3.1, retiring the refined Pillar 2A methodology, and restatement of CRR requirements.
Letter to Chief Executive Officers of PRA-regulated Insurance firms
Why this matters
This letter from the PRA outlines 2026 priorities for insurance supervision, covering prudential requirements and operational resilience, which are relevant for insurance firms.
Letter to Chief Executive Officers of PRA regulated international banks active in the UK
Why this matters
This letter from the PRA outlines 2026 priorities for international banks active in the UK, covering key areas such as prudential requirements, operational resilience, and governance. It is relevant for banks and wealth managers operating in the UK.
Letter to Chief Executive Officers of PRA regulated UK deposit takers
Why this matters
This letter from the PRA outlines the 2026 priorities for supervision of UK deposit takers, which are relevant for banks. The key topics covered are prudential requirements and operational resilience, which are high priority areas for banking supervision.
On 12 November the PRA hosted a roundtable meeting with Chief Financial Officers (CFOs) of systemically important firms operating in the UK, to discuss Future Banking Data (FBD).
Why this matters
This regulatory update is a summary of a roundtable discussion between the PRA and CFOs of systemically important firms operating in the UK. The topics covered include Future Banking Data, which is relevant to banking, investment management, and wealth management firms from a prudential, reporting, and operational...
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
This is a general regulatory digest covering key updates across multiple sectors and topics relevant to UK financial services firms. The low urgency reflects the informational nature of the content.
The Berne Financial Services Agreement (BFSA) is a mutual recognition agreement between the UK and Switzerland, effective from 1 January 2026. This agreement enhances cross-border market access for financial services between the two countries.
Why this matters
This regulatory update provides operational direction and guidelines for UK insurers regarding the Berne Financial Services Agreement (BFSA), which enhances cross-border market access for financial services between the UK and Switzerland.
The PRA has published LIAF03/25, a collection of final low impact rule amendments.
Why this matters
This is a regulatory update from the PRA on low impact rule amendments, which is likely to be of interest to banks, asset managers, and wealth managers in the banking, investment management, and wealth management sectors.
The Prudential Regulation Authority’s (PRA) update to the Prime Minister on work to support economic growth.
Why this matters
This appears to be a general update from the PRA to the Prime Minister on their work to support economic growth, which would be relevant for a range of financial services firms across the banking, investment management, and wealth management sectors.
This report has been informed by the PRA and FCA’s ongoing regulation and supervision of mutuals and by direct engagement with mutuals and their trade associations in sessions around the country throughout 2025.
Why this matters
This report provides an overview of the mutual landscape, informed by the PRA and FCA's ongoing regulation and supervision. It is likely to be informational in nature, providing insights into the mutual sector rather than announcing any new regulatory changes.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
This regulatory digest covers a range of topics relevant to banking, investment management, and wealth management firms operating in the UK. The low urgency indicates this is informational content summarizing key regulatory news and publications for the month.
The PRA has set the 2025 O-SII buffer rates for ring-fenced banks, large domestic firms, and large building societies
Why this matters
This regulatory update is relevant for ring-fenced banks, large domestic banks, and large building societies, as it sets the 2025 O-SII buffer rates for these firms. This impacts their prudential and capital requirements, as well as their authorization and reporting obligations.
The PRA disclosure of UK headquartered G-SIIs for 2025.
Why this matters
This regulatory update is relevant to UK headquartered globally systemically important institutions (G-SIIs) in the banking, investment management, and wealth management sectors.
The PRA has published the list of designated O-SIIs for 2025
Why this matters
This regulatory update is relevant to banks, wealth managers, and the broader financial services industry as it designates certain firms as Other Systemically Important Institutions (O-SIIs), which have additional prudential and operational requirements.
This letter sets out the key findings from our annual assessment and the actions we expect you to take.
Why this matters
This regulatory update from the PRA focuses on the annual assessment of the credit union sector, which falls under the banking and credit sector. The key topics covered are prudential and capital requirements, which are relevant for banks and credit unions.
The table below shows the outcomes of the annual DLT assessment for PRA relevant currencies, which will be effective from 1 January 2026.
Why this matters
This regulatory update from the PRA is relevant to banking, investment management, and wealth management firms, as it covers prudential and capital requirements, operational resilience, and reporting obligations.
This is the first exercise conducted under the new Solvency UK regulatory regime implemented in 2024.
Why this matters
This regulatory update is focused on the results of a stress test for life insurers under the new Solvency UK regime, which is a prudential requirement for the insurance sector.
This is the first exercise conducted under the new Solvency UK regulatory regime implemented in 2024. The PRA published sector-level results on 17 November 2025 followed by individual firm disclosure for the core scenario on 24 November 2025.
Why this matters
This regulatory update is focused on the results of a stress test for the life insurance sector, which falls under the Insurance & Pensions sector. The key topic is prudential and capital requirements, as the stress test is designed to assess the resilience of insurers under various scenarios.
Guidelines to assist firms considering providing services under the Berne Financial Services Agreement.
Why this matters
The guidelines provide information to firms on providing services under the Berne Financial Services Agreement, which is relevant for banking, investment management, and wealth management firms seeking to operate in this area.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
This is a general regulatory digest covering key updates across multiple sectors and topics relevant to UK financial services firms. The low urgency reflects the informational nature of the content.
This regulatory update from the PRA provides information on its methodologies for setting Pillar 2 capital requirements, which is relevant for banks, asset managers, and wealth managers.
This regulatory update from the PRA sets out their approach to exercising certain powers related to securitization under the CRR rules. This is relevant for banking and capital markets firms that engage in securitization activities, as well as all firms subject to the Securitisation (CRR) Part of the PRA Rulebook.
This regulatory update from the PRA is relevant to banks, building societies, and PRA-designated investment firms. It sets out the PRA's approach to considering applications from these firms to not apply or modify rules in the Counterparty Credit Risk (CRR) Part of the PRA Rulebook, which is related to prudential...
This regulatory update from the PRA sets out their approach to granting waivers and permissions related to the Securitisation (CRR) Part of the PRA Rulebook. This is relevant for banking and capital markets firms that are subject to these rules.
Publication from the Bank, PRA and FCA to firms and financial market infrastructures highlighting observed effective practices of cyber response and recovery capabilities.
Why this matters
This regulatory update from the PRA, Bank of England, and FCA focuses on effective practices for cyber response and recovery capabilities, which is highly relevant for firms across the banking, payments, and technology sectors.
The PRA has published LIAF02/25, a collection of final low impact rule amendments.
Why this matters
This is a regulatory update from the PRA on low impact rule amendments, which is likely to be of interest to banking, investment management, and wealth management firms from a prudential, operational resilience, and reporting perspective.
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Why this matters
This is a general regulatory digest covering key updates across multiple sectors and topics relevant to UK financial services firms. The low urgency reflects the informational nature of the content.
On 1 July, the PRA and the Bank of England held a roundtable meeting with representatives of non-systemic UK banks and building societies.
Why this matters
This roundtable discussion with non-systemic UK banks and building societies is likely focused on prudential requirements, operational resilience, and authorization/licensing issues relevant to these types of firms.