On 8 January 2019, the PRA published Policy Statement 1/19: Liquidity reporting – FSA047, FSA048 and PRA110 (PS1/19). In PS1/19 the PRA provides feedback to the responses to Consultation Paper 22/18: Liquidity reporting – FSA047 and FSA048 and the proposal in Consultation Paper 16/18: Regulatory reporting: occasional consultation paper to correct the level of consolidation of the PRA110 reporting requirements. It also contains the PRA’s final policy, as follows:

  • amendments to the Regulatory Reporting Part of the PRA Rulebook (Appendices 1 and 2); and
  • updated Supervisory Statement 34/15: Guidelines for completing regulatory reports (SS34/15) (Appendix 3).

The amendments to the Regulatory Reporting Part of the PRA Rulebook will be implemented by repealing instrument PRA 2018/3, as set out in Appendix 1, and issuing a new instrument, as set out in Appendix 2. The rules will take effect from the dates outlined in the new instrument. The changes to SS34/15 will take effect from the date of publication of PS1/19.