The PRA has updated its CRD IV updates webpage.

The PRA has announced that it will not be taking forward at this time proposals to amend Supervisory Statement 11/13: Credit risk – Internal ratings based approaches on which it consulted in Consultation Paper 12/14: CRD IV – Updates for credit risk mitigation, credit risk, governance and market risk. The PRA has considered the feedback received on its consultation and the Basel Committee on Banking Supervision’s announcement of its intention to develop specific policy proposals, and will consider this issue further, particularly in light of international developments, and may revert in due course.

View CRD IV updates, 10 March 2015