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PRA tells smaller lenders to strengthen recovery planning

The Bank of England's Prudential Regulation Authority (PRA) has written to smaller UK bank...

  • May 16, 2024
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Metro Bank faces setback with mortgage AIRB approval

Metro Bank has failed to get approval for its advanced internal rating-based (AIRB) applic...

  • Sep 13, 2023
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Newcastle and Manchester building societies complete merger

The Prudential Regulation Authority (PRA) has confirmed that the merger of Newcastle Build...

  • Jun 07, 2023
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Housing has ‘truly reached point of crisis and is only going to get worse’ – Family BS

The housing crisis is only set to get worse unless an effective strategy is implemented, t...

  • Jun 05, 2023
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UK banks are ‘resilient’ to higher rates and can support households – FPC

UK banks are able to withstand a higher rate environment and any economic shocks amid bank...

  • Mar 29, 2023
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Bevan Money gets one step closer to full banking authorisation

Bevan Money has completed the pre-application stage of the Bank of England’s New Bank St...

  • Oct 24, 2022
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PRA removes Recognise Bank’s deposit restrictions

The announcement makes Recognise only one of a handful of banks to receive full authorisat...

  • Sep 20, 2021
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Regulators lay out plans to improve diversity and inclusion in financial firms

The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of E...

  • Jul 07, 2021
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Regulatory independence could be ‘damaged’ with government interference, Treasury Committee warns

The independence of financial regulators could be harmed if Treasury ministers are allowed...

  • Jul 06, 2021
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PRA tells banks to use valuations from last six months for capital rules

Lenders should use house price index data that is no more than two quarters old to value p...

  • May 29, 2020
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