Topic
Prudential Regulation
111 published works
Global Regulation Tomorrow
HMT policy statement on the treatment of overseas investment exchanges for the purposes of the CRR
By Anita Edwards, Simon Lovegrove (UK)
On 7 October 2024, HM Treasury (HMT) issued a policy statement on the prudential treatment of overseas exchanges and the process by which they meet the definition of ‘recognised exchanges’…
Bright Law Blog
New Private Health Insurance capital framework review
APRA has published a report on the implementation of APRA’s new prudential capital adequacy standards for the private health insurance (PHI) industry, which commenced on 1 July 2023. ICAAP Summary…
Global Financial Regulatory Blog
Hong Kong Consults on Proposed Regulations to Prudential Treatment of Cryptoasset Exposures
Implementation of Basel Committee cryptoassets standard to provide additional clarity for banks looking to engage in cryptoassets business. By Simon Hawkins and Adrian Fong On 7 February 2024, the Hong…
Global Regulation Tomorrow
New briefing note – PRA enforcement changes: what you need to know
By Katie Stephen (UK), Catherine Pluck (UK), Rebecca Dulieu, Joe Smallshaw
On 30 January 2024, the Bank of England (the Bank) and Prudential Regulation Authority (PRA) published Policy Statement PS1/24 which sets out a revised approach to enforcement for both PRA…
Global Regulation Tomorrow
EBA peer review follow up report on prudential assessment of the acquisition of qualifying holdings
By Simon Lovegrove (UK), Michael Born (DE)
On 12 February 2024, the European Banking Authority (EBA) published a follow up to its 2021 peer review report on the joint European Supervisory Authorities’ (ESAs) guidelines on the prudential…
Global Regulation Tomorrow
Letter from Andrew Bailey to Jeremy Hunt: Response to the remit for the Prudential Regulation Committee
By Anita Edwards, Simon Lovegrove (UK)
On 24 January 2024, the Bank of England (BoE) published a letter from its Governor, Andrew Bailey to the Chancellor of the Exchequer, Jeremy Hunt, responding to the remit for…
Global Regulation Tomorrow
PRA publishes policy statement providing responses to proposed minor amendments in CP8/23, Chapter 11 of CP12/23 and CP22/23
By Anita Edwards, Simon Lovegrove (UK)
On 19 December 2023, the Prudential Regulation Authority (PRA) published a policy statement, PS19/23, providing responses to proposed minor amendments in consultation papers CP8/23, Chapter 11 of CP12/23 and CP22/23.…
Global Regulation Tomorrow
FCA final report on IFPR implementation observations
By Simon Lovegrove (UK), Anita Edwards
On 27 November 2023, the FCA published the final report on its multi-firm review into firms’ progress in implementing the internal capacity adequacy and risk assessment (ICARA) process and reporting…
Global Regulation Tomorrow
FCA final report on IFPR implementation observations
By Anita Edwards, Simon Lovegrove (UK)
On 27 November 2023, the FCA published the final report on its multi-firm review into firms’ progress in implementing the internal capacity adequacy and risk assessment (ICARA) process and reporting…
Bright Law Blog
APRA updates 2023 policy priorities schedule for ADIs
The Australian Prudential Regulation Authority (APRA) has released a letter to authorised deposit-taking institutions (ADIs) providing an updated schedule of policy priorities for the banking industry for the remainder of…