On 25 October 2018, the PRA and the Bank of England published a number of communications regarding Brexit (our blog is here). Among the communications was PRA Consultation Paper 26/18 (CP26/18) which set out proposed key changes to the PRA’s rules and relevant binding technical standards.

On 2 November 2018, the PRA updated CP26/18 by adding draft BTS EU (Exit) Instrument for the Financial Conglomerates Directive  regulatory technical standards.

The deadline for comments on CP26/18 remains the same (2 January 2019).