Events listed in Retained Capital Requirements Regulation (UK CRR)
2023 list of UK headquartered global systemically important institutions (G-SII)
ID 25968
The Prudential Regulation Authority has published a new list of UK banking institutions considered to be globally systemically important institutions (G-SII) along with their assigned sub-category based upon which the buffer rate is determined. The new list is valid from January 1, 2025. Table 1 – List of G-SIIs
2023 list of UK firms designated as other systemically important institutions ...
ID 25873
The Prudential Regulation Authority (PRA) has published a new list of UK banking institutions considered to be other systemically important institutions (O-SII) based upon the PRA’s approach for the identification of such entities (please see Event ID 18370 in this context for more information or follow this link). The following list depicts the new designations: Figure 1 – List of O-SIIs
Other systemically important institutions (O-SII) buffer rates for ring-fenced ...
ID 25868
The Prudential Regulation Authority (PRA) has published a press statement to inform of the new capital buffer rates for institutions deemed to be „other systemically important institutions (O-SIIs)“ following a corresponding designation by the PRA (please see EventID 23956 in this context). The rates are illustrated in the tables below: ***Capital Buffer Requirement per Sub-Group and included Ring-Fenced Banks (RFBs) designated as O-SIIs beginning ...
DP3/23 – Securitisation: capital requirements
ID 25596
In view of the upcoming replacement of all retained EU legislation (REUL), including the retained Capital Requirements Regulation (UK CRR), and the upcoming authority of the Prudential Regulation Authority (PRA) to put in place all firm facing rules and regulations for those rule replacements affecting prudential regulation of PRA authorized entities, **the PRA has launched a discussion paper (DP3/23) on various issues under the ...
Statistical Notice 2023/09
ID 25565
The Prudential Regulation Authority (PRA) has issued a statement (Statistical Notice 2023/09) addressed at banks and building societies that are subject to cash ratio deposits (CRDs) requirements at the Bank of England (BoE). This requirement applies to institutions whose reported average eligible liabilities (ELs) exceed £600 million during the previous 6-month reporting period. Specifically, the PRA informs that the calculation for the adjustment of ...
CP17/23 – Capitalisation of foreign exchange positions for market risk
ID 25079
The Prudential Regulation Authority (PRA) has launched a new consultation (CP17/23) on the treatment of foreign exchange positions for purposes of determining market risk and subsequent own funds requirements. Specifically, the consultation sets out the PRA’s proposed clarifications and amendments regarding the capitalization of foreign exchange exposures under the market risk capital framework for items that are held at historical FX values. It also ...
The Financial Policy Committee’s approach to setting the countercyclical ...
ID 24194
The Bank of England (BoE) has published an updated version of its policy statement as regards the approach the Bank’s Financial Policy Committee (FPC) is taking to setting the countercyclical capital buffer (CCyB) for institutions and investment firms. The CCyB was implemented in 2015 in response to the global financial crisis to manage systemic risks that may arise from the anticipation or realization of ...
Statistical Notice 2023/03
ID 23039
The Prudential Regulation Authority (PRA) has issued a statement addressed at banks and building societies that are subject to cash ratio deposits (CRDs) requirements at the Bank of England (BoE). This requirement applies to institutions whose reported average eligible liabilities (ELs) exceed £600 million during the previous 6-month reporting period. Specifically, the PRA informs that the calculation for the adjustment of institutions‘ individual CRDs ...