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PRA publishes policy statement on changes to the regulatory regime for credit unions

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Published on: 26 July 2023
Published by LNB News

LNB News 26/07/2023

Document Information

Issue Date: 26 July 2023

Published Date: 26 July 2023

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

Article summary

The Prudential Regulation Authority (PRA) has published a policy statement (PS 11/23) providing feedback on responses to consultation paper CP 7/22—Credit Unions: changes to the regulatory regime, as well as final rules and guidance and a new Supervisory Statement (SS) 2/23. The changes to the Credit Unions Part of the PRA Rulebook and SS 2/23 apply from 29 August 2023.

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

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