We are writing to outline the Prudential Regulation Authority’s (PRA) 2026 priorities for international banks and designated investment firms (together ‘firms’) active in the UK. These priorities complement our core assurance work across a large and diverse population of firms and should be considered alongside the firm-specific feedback we provided following your most recent Periodic Summary Meeting (PSM).
Our priorities are set to promote the safety and soundness of the firms we supervise, ensuring the sector is both resilient and able to support growth. Firms are facing an uncertain environment, in which geopolitical tensions, global fragmentation of trade and financial markets, and pressures on sovereign debt markets remain elevated. The UK banking sector’s resilience requires maintained focus on risk management, governance and controls, operational and financial resilience, and data risk.
International banks Supervision: 2026 priorities