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