On the 8th April, the PRA has announced a Modification by Consent (MbC) for the LCR. An MbC refers to […]

The Term Funding Scheme with additional incentives for SMEs (TFSME) was introduced by the Bank of England in March 2020

The Prudential Regulation Authority’s (PRA) Supervisory Statement SS12/13, which sets out expectations in relation to counterparty credit risk (CCR), underwent

Between 2019 and 2024, the Prudential Regulation Authority (PRA) revised its Supervisory Statement on Credit Risk Mitigation (CRM) to reflect

The purpose of this Supervisory Statement (SS) is to set out the Prudential Regulation Authority’s (PRA) expectations for minimum underwriting

This post presents a detailed comparison of the Prudential Regulation Authority’s (PRA) Supervisory Statement SS10/13 on the Standardised Approach to

What is the PRA trying to achieve with this new regime? In essence, the objectives are threefold. First, to reduce