The PRA has issued an updated version of its Supervisory Statement to include guidelines for completing supervisory reports relating to the Close Links and Change in Control Parts of the PRA Rulebook. The Supervisory Statement sets out the basis on which firms should complete data items and returns required under the PRA’s rules. This is also intended to ensure a consistent reporting framework to enable the PRA to use the information collected efficiently and effectively, as well as it enables the PRA to monitor firms’ compliance with the requirement to maintain adequate financial resources, and with other requirements and standards under the regulatory system.

View PRA update supervisory statement on guidelines for completing regulatory reports, 26 February 2016