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:

  1. Total assets and liabilities.
  2. Deposits.
  3. Loans and advances other than held for trading.
  4. Derivatives.
  5. Payments, settlements, custody and clearing.