Supervision

Supervision guidance:

This Practice Note looks at the European System of Financial Supervision (ESFS) and micro-prudential supervision on an EU level. It should be read in conjunction with...

Practice Note

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

The PRA's strategy Up until 1 March 2017, the Prudential Regulation Authority (PRA), was a subsidiary company of the Bank of England (BoE). However, from 1 March 2017 the...

Practice Note

The PRA's strategy The PRA and the BoE Until 1 March 2017, the Prudential Regulation Authority (PRA), was a subsidiary company of the Bank of England (BoE) delivering...

Practice Note

Background The power to require a firm to obtain a report from an independent skilled person (at the firm's own expense) under the Financial Services and Markets Act...

Practice Note

The Bank of England at the heart of the UK financial system BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with...

Practice Note

Regulator powers in relation to parent undertakings As part of the government's intention to ensure more rigorous regulatory oversight of the financial system, in light...

Practice Note

The diagram below sets out the regulatory structure that exists in the UK for financial services, considering the roles of the Bank of England, the Prudential Regulatory...

Practice Note