UK prudential regime for banks and designated investment firms—timeline
Published by a LexisNexis Financial Services expert
ChecklistsUK prudential regime for banks and designated investment firms—timeline
Published by a LexisNexis Financial Services expert
Checklists
This timeline shows key developments relating to the UK prudential framework for banks and designated investment firms from January 2024 onwards.
For earlier developments, see: Capital Requirements Directive IV (CRD IV) and Capital Requirements Regulation (CRR)—timeline [Archived].
2025
| Date | Source | Document | Description |
| 17 April 2025 | PRA | Update on modification by consent of the Liquidity Coverage Ratio part of the PRA Rulebook—Third Country Covered Bonds | The Prudential Regulation Authority (PRA) has published an update to its modification by consent which allowed certain third country covered bonds under the Liquidity Coverage Ratio (CRR) Part of the PRA Rulebook to be included in Level 2A High Quality Liquid Assets, subject to a cap on the amount recognised. The PRA has withdrawn the modification while it considers requests for clarification and technical comments received since the modification was published on 8 April 2025. Once it has completed this process it will clarify its approach. In the interim period, firms are advised that they do not need to change their current approach to recognising third country covered bonds |
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