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PRA publishes updated supervision framework for international banks

Two red London buses pass as Tower 42 (NatWest Tower), 22 Bishopsgate (also known as Horizon 22), 8 Bishopsgate (sometimes referred to as 'the Jenga') and 1 Leadenhall Street commercial skyscrapers are seen behind the Royal Exchange by the Bank of England at Bank on January 09, 2025 in London, England.
Photo: John Keeble/Getty Images

Tom Callaby | CMS, Ben Maconick | CMS

4 min read
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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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