Tomorrow, on March 1, the Prudential Regulation Committee comes into existence: see here. The functions of the Committee are set out in section 30A of the Bank of England Act 1998 (as inserted by section 13 of the Bank of England and Financial Services Act 2016). It is responsible for the Bank's prudential regulation functions and replaces the PRA Board.
Tuesday 28 February 2017
UK: The Prudential Regulation Committee
Tomorrow, on March 1, the Prudential Regulation Committee comes into existence: see here. The functions of the Committee are set out in section 30A of the Bank of England Act 1998 (as inserted by section 13 of the Bank of England and Financial Services Act 2016). It is responsible for the Bank's prudential regulation functions and replaces the PRA Board.
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