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.

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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.

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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.

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Stress testing, ICAAP, ILAAP, Risk management Alvin Abraham Stress testing, ICAAP, ILAAP, Risk management Alvin Abraham

PRA’s 2024 ICAAP Stress Test Scenarios for Non-Systemic Banks

On 27th June 2024, the Prudential Regulation Authority (“PRA”) published the ICAAP Scenarios for non-systemic UK banks, which are the supply shock scenario and the demand shock scenario. This article summarises the key factors of the scenarios and provides specific points on how small- and medium-sized banks should approach there stress testing design processes, with relation to the 2024 ICAAP Scenarios.

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