Article summary
The Prudential Regulation Authority (PRA) has updated its webpage on waivers and modifications of rules to note that the consolidated list of waivers, CRR and Solvency II permissions granted to PRA-authorised firms is no longer being provided. It has also added information on the modification by consent referred to in its recent statement on the regulatory treatment of retail residential mortgage loans under the UK government’s Mortgage Guarantee Scheme.
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