Home / Financial Services

Legal News

PRA issues statement regarding short term repo facility

Copyright © 2025 LexisNexis
Published on: 04 August 2022
Published by LNB News

LNB News 04/08/2022

Document Information

Issue Date: 04 August 2022

Published Date: 04 August 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Prudential Regulation Authority (PRA) has issued a statement regarding the Bank of England (BoE) announcement that it intends to introduce a short term repo facility alongside any future sales of gilts from the asset purchase facility (APF). The PRA says it would judge use of the STR as routine participation in sterling money markets and intends that it should be seen as such by bank boards and overseas regulators.

Powered by Lexis+®
Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

Related documents:

1 Checklists
4 News
View More
6 Practice notes
View More
1 Q&As
Powered by Lexis+®

Related documents:

1 Checklists
4 News
View More
6 Practice notes
View More
1 Q&As

Popular documents

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of