On 28 December 2020, the PRA published Policy Statement 29/20: Capital Requirements Directive V (CRD V) (PS29/20). In PS29/20 the PRA sets out the final policy to Consultation Paper 22/20: Designation of firms within certain consolidation groups (CP22/20) . It also contains final PRA Rulebook instruments, Statements of Policy, Supervisory Statements and templates as published … Continue Reading
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PRA Policy Statement on CRD V
On 9 December 2020, the PRA published Policy Statement 26/20: Capital Requirements Directive V (PS26/20). In PS26/20 the PRA provides feedback to responses to Consultation Paper 12/20: Capital Requirements Directive V (CP12/20) and Consultation Paper 17/20: Capital Requirements Directive V – further implementation (CP17/20). It also contains near-final rules instruments, statements of policy, supervisory statements, … Continue Reading
Second PRA consultation on implementing CRD V
On 20 October 2020, the PRA published Consultation Paper 17/20: Capital Requirements Directive V (CRD V): Further implementation (CP17/20). In CP17/20 the PRA sets out proposed changes to its rules, supervisory statements (SS) and statements of policy (SoP) to implement elements of the Capital Requirements Directive V (CRD V). It also proposes to update aspects … Continue Reading
PRA consults on implementation of CRD V
On 31 July 2020, the PRA published Consultation Paper 12/20: Capital Requirements Directive V (CP12/20). In CP12/20 the PRA sets out proposed changes to its rules, supervisory statements (SS) and statements of policy (SoP) in order to implement elements of the Capital Requirements Directive V (CRD V). CP12/20 covers: The PRA’s proposed implementation of changes … Continue Reading
FCA will not proceed with CASS rule changes proposed in Consultation Paper 12/20
The Financial Services Authority consulted upon changes to the client money rules for general insurance intermediaries in August 2012. Responses to this consultation were invited by 30 November 2012. No policy statement followed this consultation. We reported on the proposals put forwarded in CP 12/20 in an update at the time.… Continue Reading
FCA Policy development update no. 14
The FCA has published its latest Policy development update (no.14) (the PDU).… Continue Reading