Prudential Regulation Authority (United Kingdom)

For the similarly named Australian body, see Australian Prudential Regulation Authority.

The Prudential Regulation Authority is a future agency of the Government of the United Kingdom, formed as one of the successors to the Financial Services Authority.[1] The PRA will be part of the Bank of England and will carry out the prudential regulation of financial firms, including banks, investment banks, building societies and insurance companies.[1][2]

See also

References

  1. ^ a b Vina, Gonzalo. "U.K. Scraps FSA in Biggest Bank Regulation Overhaul Since 1997". Businessweek (Bloomberg). http://www.businessweek.com/news/2010-06-16/u-k-scraps-fsa-in-biggest-bank-regulation-overhaul-since-1997.html. Retrieved 16 June 2010. 
  2. ^ "Reform and regulation". HM Treasury. 17 June 2010. http://www.hm-treasury.gov.uk/reform_and_regulation.htm. Retrieved 17 June 2010.