Prudential Regulation Authority
Bank of England director David Bailey: Cap on bankers’ bonuses was a bad idea
Threadneedle Street’s number two on prudential policy discusses government pressure to grow and why pay limits were a bad idea
Top banking watchdog says idea regulators want to remove all risk is ‘nonsense’
The UK’s top banking regulator has said it is ‘easy’ to show the Bank of England is taking its competitiveness agenda seriously
3 min read
Bankers to get bonuses quicker as Bank of England plans deferral overhaul
UK regulators are shaking up rules on banker bonuses
2 min read
Bank of England spends £100,000 on staff diversity training
Reform UK leader Nigel Farage says outlay ‘typifies what is going wrong in our financial services industry’
2 min read
HSBC fined £57m for depositor protection failures
The fine is second only to the £87m paid by Credit Suisse last year
1 min read
Banks asked to report ‘step-in’ risk as regulators crack down on shadow banking contagion
UK lenders asked for information on another potential risk to the system
2 min read
Why Solvency II reforms might not release billions after all
Loosening capital buffers increases risks, while new investment might just be hoarded
3 min read
Government drops call-in power amid crypto donor concerns
Arguably it would be better if, in exceptional circumstances, ministers overrule regulators publicly after providing proper evidence for their decision, rather than behind closed doors
4 min read
Chancellor Zahawi to ‘repeal hundreds of pieces of EU law’ as Brexit battle with regulators looms
The Mansion House gathering for the City will be dominated by a drive to free up rules despite protests from regulators
4 min read
Banks must learn lessons of nickel crisis, regulator warns
Nathanaël Benjamin: It's important that banks learn their own lessons on the OTC
3 min read
Sunak and Truss clash over City rules in leaders debate
References to Solvency II and MiFID II in leaders’ head-to-head debate in Stoke surprised commentators
3 min read
Liz Truss eyes merger of FCA and PRA
Prime ministerial hopeful set to review how the City's watchdogs work
Axing City regulation will deter investment and damage Britain
Conservative MP Kevin Hollinrake warns Liz Truss that government plans to overhaul the City’s post-Brexit rule book risk a 'compromised regulatory regime'
