Featured Insights

Katalysys appointed to Lot T of PRA/FCA Consultancy and Skilled Person Framework

Katalysys is proud to announce its appointment to the PRA/FCA Consultancy and Skilled Person Framework for Lot T (Risk and Risk Management), following a rigorous tender process.

This appointment reflects the depth and breadth of the work we have delivered for firms across complex risk and risk management matters, demonstrates our subject matter expertise, and underscores our continued commitment to regulatory excellence.

UK Basel 3.1: Overview of the final rules

On 20 January 2026, the PRA published PS1/26, finalising Basel 3.1 rules and related policy materials. The package largely confirms the near-final policy, with minor clarifications. This article provides an overview of the final rules. This article provides an overview of the final UK Basel 3.1 rules.

SS 5/25: Approaches to managing climate related risks

The Prudential Regulation Authority (PRA) has published its final Policy Statement PS25/25 and SS 5/25 on climate-related financial risks on 3 December 2025.

We have broken down the Supervisory Statement into a set of 41 expectations that non-systemic banks will need to proportionately consider.

Manish Patidar 08/10/2026 Manish Patidar 08/10/2026

CP13/26: PRA Proposes Automatic Indexation of Regulatory Thresholds - What It Means for Non-Systemic UK Banks

On 7 October 2026, the Prudential Regulation Authority (PRA) published Consultation Paper CP13/26 – Updating regulatory thresholds: An autopilot approach, setting out a proposed framework to minimise “prudential drag” by automatically indexing 128 regulatory thresholds across the PRA Rulebook and PRA guidance in line with UK nominal GDP. Responses to both the consultation and the associated discussion paper are due by 7 February 2027.