What is the Prudential Regulation Authority (PRA)? - Bank of …
The PRA and the FCA are two separate entities – although we do work closely with the FCA on certain issues/firms. The main difference is that the FCA works with firms to ensure fair …
UK PRA vs FCA – What are the Differences? - Project Financially Free
Nov 20, 2023 · The most obvious difference between the PRA and the FCA is that one focuses on ensuring financial firms stay stable and legally operational – while the other keeps financiers …
Breaking Down the new FCA and PRA Regulatory Regimes
Apr 30, 2013 · As readers will be aware the FSA has been replaced by a ‘twin peaks’ model, which has seen the introduction of two new regulatory bodies: the Financial Conduct Authority …
The Bank of England, PRA and FCA set out potential measures to …
Jan 15, 2025 · The Bank of England (the Bank), Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) (collectively the ‘supervisory authorities’) have set out …
In general, the FCA and the PRA will co-ordinate in rule-making and rule review, supervision, investigation and enforcement of designated activities as they would for other activities, …
Update on the FCA’s enforcement transparency proposals
3 days ago · Joint FCA and PRA update on diversity and inclusion . In 2023, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) consulted in parallel on …
FCA and PRA enforcement themes and trends 2023: a shake-up
Feb 20, 2024 · Meanwhile, in 2023 and for the first time ever, the Prudential Regulation Authority (PRA) imposed a higher total of financial penalties than the FCA. Both regulators appear to be …
FCA and PRA Announce Intention to Drop Reform Proposals
1 day ago · The FCA and PRA initially consulted in September 2023 on introducing new reporting and disclosure requirements on D&I for larger firms, and a requirement to set a D&I strategy …
Who Regulates Banks in the UK? Exploring The FCA and PRA
May 7, 2024 · Banks in the UK are regulated by the Bank of England's Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). The PRA focuses on the stability …
Who is your new regulator? FCA, PRA and FPC - RWK Goodman
Jul 16, 2013 · The PRA is responsible for the prudential regulation of capital-intensive firms, including banks, insurers and certain investment firms. These firms are dual-regulated firms …