September 04, 2020

Prudential Regulation Authority publishes PS20/20

 

Prudential Regulation Authority publishes PS20/20

Responses to Chapters 2 to 7 of CP3/20 ‘Occasional Consultation Paper’

4 September 2020

This Prudential Regulation Authority (PRA) Policy Statement (PS) provides feedback to responses to Chapters 2 to 7 of Consultation Paper (CP) 3/20 ‘Occasional Consultation Paper’. It also includes the final rules, updated supervisory statements (SS), forms, relevant templates, and associated LOG files and instructions.

This PS is relevant to different firms, as follows:

  • Chapters 2 and 7: PRA-authorised Capital Requirements Regulation (CRR) firms;
  • Chapter 3: non-Solvency II insurance firms;
  • Chapter 4: all Solvency II firms, including the Society of Lloyd’s;
  • Chapter 5: all PRA-authorised firms; and
  • Chapter 6: PRA-supervised firms that operate in the UK but are not UK-headquartered firms.