PRA publishes updated supervision framework for international banks

A guide to PRA’s final rules and policy on its approach to branch and subsidiary supervision.

On May 20, the UK’s Prudential Regulation Authority (PRA) published a Policy Statement (PS6/25) giving feedback on consultation paper CP11/24 published in July last year. PS6/25 contains the PRA’s final rules and policy on its approach to branch and subsidiary supervision.

What changes has the PRA made in PS6/25 to

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