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Prudential Regulation Authority (PRA)
URI:
https://gptkb.org/entity/Prudential_Regulation_Authority_(PRA)
GPTKB entity
Statements (28)
Predicate
Object
gptkbp:instanceOf
financial regulatory body
gptkbp:collaboratesWith
gptkb:Financial_Conduct_Authority_(FCA)
gptkbp:country
gptkb:United_Kingdom
gptkbp:established
2013
gptkbp:governingBody
gptkb:Prudential_Regulation_Committee
gptkbp:headquartersLocation
gptkb:London
https://www.w3.org/2000/01/rdf-schema#label
Prudential Regulation Authority (PRA)
gptkbp:parentOrganization
gptkb:Bank_of_England
gptkbp:predecessor
gptkb:Financial_Services_Authority_(FSA)
gptkbp:regulates
banks
credit unions
building societies
insurers
over 1,500 financial institutions
systemically important investment firms
gptkbp:regulatoryApproach
risk-based supervision
gptkbp:regulatoryFramework
gptkb:Financial_Services_and_Markets_Act_2000
gptkb:Banking_Act_2009
Insurance Act 2015
gptkbp:regulatoryObjective
financial stability
protection of policyholders
promoting effective competition in relevant markets
minimizing adverse effects on the UK economy
gptkbp:responsibility
contributing to the securing of an appropriate degree of protection for policyholders
promoting safety and soundness of regulated firms
gptkbp:website
https://www.bankofengland.co.uk/prudential-regulation
gptkbp:bfsParent
gptkb:Financial_Conduct_Authority_(FCA)_UK
gptkbp:bfsLayer
8