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imported>Doug Williamson |
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| (PRA).
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| The UK body responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms.
| | [[Category:Trade_finance]] |
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| The PRA’s objectives are:
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| #To promote the safety and soundness of these firms; and
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| #Specifically for insurers, to contribute to the securing of an appropriate degree of protection for policyholders.
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| The PRA's responsibilities in the UK were formerly undertaken by the Financial Services Authority (FSA).
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| The former FSA's other responsibilities were substantially transferred to the Financial Conduct Authority (FCA).
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| The PRA is part of the Bank of England.
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| == See also ==
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| * [[Bank supervision]]
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| * [[Financial Services Authority]]
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| * [[Financial stability]]
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| * [[Financial Conduct Authority]]
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| * [[CFTC]]
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Latest revision as of 19:14, 3 October 2023