Prudential Regulation Authority and Prudential regulation: Difference between pages

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(PRA).
''Financial institutions - financial system - oversight.''


The UK body responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms.  
Prudential regulation and supervision relate to the safety and stability both of individual financial institutions and of the whole of the financial system.




The PRA’s primary objectives include:
==See also==
 
*[[Bank supervision]]
#To promote the safety and soundness of these firms; and
*[[Conduct]]
#Specifically for insurers, to contribute to the securing of an appropriate degree of protection for policyholders.
*[[CRD IV]]
 
*[[Going concern]]
 
*[[Macroprudential]]
The PRA has a secondary objective of facilitating effective competition in the markets served by these firms.
*[[Microprudential]]
 
*[[Procyclical]]
 
*[[Proprietary trading]]
The PRA's responsibilities in the UK were formerly undertaken by the Financial Services Authority (FSA).
*[[Prudential Regulation Authority]]
 
*[[Regulation]]
The former FSA's other responsibilities were substantially transferred to the Financial Conduct Authority (FCA).
 
 
The PRA is part of the Bank of England.
 
 
== See also ==
* [[Australian Financial Regulation]]
* [[Bank]]
* [[Bank of England]]
* [[Bank supervision]]
* [[Broker-dealer]]
* [[Building society]]
* [[CFTC]]
* [[Credit union]]
* [[Designated investment firm]]
* [[European Banking Authority]]
* [[Federal Reserve]]
* [[Financial Conduct Authority]]
* [[Financial Services Authority]]
* [[Financial stability]]
* [[Insurer]]
* [[Leverage]]
* [[Liquidity risk]]
* [[Prudential]]
* [[Prudential Regulation Committee]]
* [[Twin Peaks]]
 
 
== External link ==
[https://www.bankofengland.co.uk/prudential-regulation Bank of England webpage: prudential regulation]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Long_term_funding]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 16:00, 2 June 2021

Financial institutions - financial system - oversight.

Prudential regulation and supervision relate to the safety and stability both of individual financial institutions and of the whole of the financial system.


See also

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