On July 30, 2024, the Prudential Regulation Authority (PRA) published a consultation paper (CP11/24) (CP) on proposed updates to its supervisory statement on international banks and its approach to branch and subsidiary supervision (SS5/21). The PRA’s proposals are intended to reflect developments since SS5/21 was originally published and to provide further
PRA consults on updates to its approach to International Banks
5 min read
Clarification on specific aspects of the PRA’s existing approach to risk management and remote booking.