Monday, 5 August 2013

UK: PRA consults on CRD IV implementation

The Prudential Regulation Authority has published a consultation paper in which it sets out proposed changes to its rules needed to implement CRD IV: see here (pdf). These changes concern banks, building societies and those investment firms which are regulated by the PRA. Chapter four of the consultation paper concerns governance and relates to Articles 74–76, 88 and 91–96 of the Capital Requirements Directive (2013/36/EC).

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