On 16 July 2020, the PRA issued Q&As on the branch return form in order to deal with additional questions it had received from firms on the template and reporting instructions contained in Policy Statement 17/19 ‘Supervising international banks: Revision of the Branch Return.
The Q&As have five sections covering:
- Total assets and liabilities.
- Loans and advances other than held for trading.
- Payments, settlements, custody and clearing.