Top news and publications
- PS1/25 – Resolution assessments: Amendments to reporting and disclosure dates
- CP1/25 – Financial Services Compensation Scheme – Management Expenses Levy Limit 2025/26
- PRA letter to the Prime Minister
- Letter from Rebecca Jackson and Alison Scott ‘International banks Supervision: 2025 priorities’
- Letter from Charlotte Gerken and Laura Wallis ‘UK Deposit Takers Supervision: 2025 priorities’
- Letter from Gareth Truran and Shoib Khan ‘Insurance Supervision: 2025 priorities’
- The Prudential Regulation Authority’s Climate Change Adaptation Report 2025
Cross cutting publications and updates
The Prudential Regulation Authority’s Climate Change Adaptation Report 2025
30 January 2025
This report sets out the response of the PRA to the risks posed by climate change to its operations and policy objectives in the period since October 2021, and outlines several areas of focus for the PRA in the coming months.
The Prudential Regulation Authority’s Climate Change Adaptation Report 2025
PRA letter to the Prime Minister
20 January 2025
The Prudential Regulation Authority (PRA) responds to the Prime Minister's letter concerning regulation and sustainable economic growth.
PRA letter to the Prime Minister
Cost Benefit Analysis Panel Annual Report 2024
10 January 2025
The Cost Benefit Analysis (CBA) Panel is a statutory panel established to provide advice to the PRA and the Bank on the preparation of CBAs. The Panel provides independent input to the PRA’s and the Bank’s CBAs, helping to support increased transparency and scrutiny of their policymaking. This report covers the period from 1 July to 31 October 2024.
Cost Benefit Analysis Panel Annual Report 2024
CP1/25 – Financial Services Compensation Scheme – Management Expenses Levy Limit 2025/26
10 January 2025
In this consultation paper (CP), the Financial Conduct Authority (FCA) and the PRA - set out proposals for the Management Expenses Levy Limit (MELL) for the Financial Services Compensation Scheme (FSCS) for 2025/26. The MELL covers the FSCS’s costs of operating the UK’s statutory compensation scheme. This CP is supported by the FSCS January 2025 Budget Update published alongside this CP.
CP1/25 – Financial Services Compensation Scheme – Management Expenses Levy Limit 2025/26
Banking publications and updates
Letter from Rebecca Jackson and Alison Scott ‘International banks Supervision: 2025 priorities’
21 January 2025
Letter to Chief Executive Officers of PRA regulated International banks active in the UK.
Letter from Rebecca Jackson and Alison Scott ‘International banks Supervision: 2025 priorities’
Letter from Charlotte Gerken and Laura Wallis ‘UK Deposit Takers Supervision: 2025 priorities’
21 January 2025
Letter to Chief Executive Officers of PRA regulated UK deposit takers
Letter from Charlotte Gerken and Laura Wallis ‘UK Deposit Takers Supervision: 2025 priorities’
PS1/25 – Resolution assessments: Amendments to reporting and disclosure dates
7 January 2025
This PRA policy statement (PS) provides feedback to responses the PRA received to CP 12/24 – Resolution assessments: Amendments to reporting and disclosure dates. It also contains the PRA’s final policy (taking effect on 10 January 2025), which provides greater flexibility over the timing of Resolution Assessment report submissions and disclosures by moving from fixed two-year cycles to a periodic basis. This PS is relevant to the UK banks and building societies to which the Resolution Assessment Part applies.
PS1/25 – Resolution assessments: Amendments to reporting and disclosure dates
Resolution assessment: Expected reporting and disclosure dates
7 January 2025
Each firm to which the Resolution Assessment Part of the PRA Rulebook applies is required to carry out an assessment of its preparations for resolution and submit a report to the PRA on a periodic basis. Firms are expected to submit a report by the first Friday in October 2026 and publish a disclosure by the second Friday in June 2027.
Resolution assessment: Expected reporting and disclosure dates
Insurance publications and updates
Letter from Gareth Truran and Shoib Khan – Insurance Supervision: 2025 priorities
9 January 2025
Letter to Chief Executive Officers of PRA-regulated Insurance firms.
Letter from Gareth Truran and Shoib Khan – Insurance Supervision: 2025 priorities
More information
Bank Underground – a blog for Bank of England staff to share views that challenge – or support – prevailing policy orthodoxies. The views expressed here are those of the authors, and are not necessarily those of the Bank of England or its policy committees.
Bank Overground – the purpose of Bank Overground is to share our internal analysis. Each bite-size post summarises a piece of analysis that support a policy or operational decision.
Explainers – from interest rates and inflation through to bank failures and financial crises, Explainers uses everyday examples and engaging visuals to bring economics to life.
European and International developments – readers are referred to the following websites: