Prudential Regulation Authority (UK)
GPTKB entity
Statements (63)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:regulations
|
| gptkbp:administers |
prudential supervision
|
| gptkbp:established |
gptkb:2013
|
| gptkbp:governance |
operates independently from the government
|
| gptkbp:headquarters |
gptkb:London
|
| https://www.w3.org/2000/01/rdf-schema#label |
Prudential Regulation Authority (UK)
|
| gptkbp:key_function |
enforcing compliance with regulations
monitoring financial stability monitoring systemic risks conducting public awareness campaigns protecting consumers collaborating with international organizations conducting investigations developing regulatory policies engaging with stakeholders analyzing market trends providing feedback to firms imposing sanctions engaging in public consultations conducting stress tests setting capital requirements assessing the impact of technological changes on the financial sector monitoring the implementation of Basel III standards monitoring compliance with anti-money laundering regulations assessing the capital adequacy of firms assessing the effectiveness of regulatory measures assessing the impact of new regulations collaborating with the Financial Conduct Authority conducting evaluations of regulatory impact. conducting on-site inspections conducting research on financial stability conducting training and outreach programs developing frameworks for crisis management developing frameworks for risk assessment developing guidelines for firms developing policies for sustainable finance developing recovery and resolution plans engaging with consumer advocacy groups engaging with international regulators engaging with the academic community issuing licenses to firms monitoring the financial health of firms monitoring the implementation of regulations promoting best practices in risk management promoting competition in the financial sector promoting transparency in the financial sector providing guidance to firms reviewing firms' business models reviewing the effectiveness of its own operations ensuring firms have adequate risk management systems assessing the impact of Brexit on financial stability conducting assessments of firms' governance structures assessing the effectiveness of consumer protection measures monitoring the impact of economic changes on financial stability |
| gptkbp:mission |
promote the safety and soundness of regulated firms
|
| gptkbp:parent_organization |
gptkb:Bank_of_England
|
| gptkbp:regulatory_compliance |
Prudential Regulation Authority Handbook
|
| gptkbp:reports_to |
reports to the Treasury
|
| gptkbp:responsible_for |
insurance companies
investment firms regulating banks |
| gptkbp:bfsParent |
gptkb:Standard_Chartered_Group
|
| gptkbp:bfsLayer |
7
|