Webbensure the PRA has regard to the overnment’s economic policy when exercising its general functions. In addition, the PRA plans its resources to deliver multi-year programmes of … WebbThe PRA was given two primary objectives: a general objective to promote the safety and soundness of the firms it regulates, focusing on the adverse effects that they can have on the stability of the UK financial system; and an objective specific to insurance firms, to …
The Bank of England, Prudential Regulation Authority
Webb16 mars 2024 · The PRA has a three-pronged approach to regulation and ... a key-risk-focused approach. ... The PRA has published its Business Plan for 2024–2024 that … WebbReinsurance risk. In 2024, the PRA will continue to focus on financial and operational resilience, financial risks arising from climate change, governance and risk management, … thingsboard widget actions
What is the Prudential Regulation Authority (PRA)?
Webbmaximum harmonising regulation, which means that the PRA does not have discretion in its implementation – ie it cannot go further (or less far) than the terms of the Regulation … Webbregulatory approach we have chosen to take is entirely consistent with our better regulation agenda as described in our Better Regulation Action Plan.2 In particular, the … WebbThe Prudential Regulation Authority (PRA) is the United Kingdom’s prudential regulator of deposit-takers, insurers and major investment firms. As part of the Bank of England, the … thingsboard websocket attribute