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Regulatory updates, Basel 3.1 Alvin Abraham 27/09/2024 Regulatory updates, Basel 3.1 Alvin Abraham 27/09/2024

Simplified Capital Regime for Small Domestic Deposit Takers (SDDTs)

On 12 September 2024, the PRA published Consultation Paper 7/24 (The Strong and Simple Framework: The simplified capital regime for Small Domestic Deposit Takers (SDDTs)) as part of its Phase 2 of announcements, which sets out the proposed simplified capital regime for SDDTs.

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