Filter
- Regulatory updates 51
- Basel 3.1 27
- Risk management 12
- CRR2 8
- ICAAP 8
- Stress testing 8
- ILAAP 7
- IRRBB 5
- Liquidity Risk 5
- Solvent Exit 4
- k-alm 4
- Capital adequacy 3
- Climate Risk 3
- Market updates 3
- Recovery plan 3
- Deposit Aggregators 2
- Internal news 2
- Model Risk Management 1
- Operational Risk 1
- Regulatory reporting 1
- Resolution 1
Evolving Climate Risk Expectations for UK Banks (SS5/25 via PS25/25)
On 3 December 2025, the PRA published its final Policy Statement PS25/25 on climate-related financial risks. The final expectations now sit in Supervisory Statement SS5/25 ‘Enhancing banks’ and insurers’ approaches to managing climate-related risks’, which immediately replaces the old SS3/19. The changes enhance requirements in areas such as governance, risk management, scenario analysis, data, and disclosure.
Solvent exit planning for non-systemic banks (SS2/24)
PRA in the supervisory statement SS2/24 outlines requirements around solvent exit planning and execution. This article summarises the requirements and provides specific action points that small- and medium-sized banks can consider to implement these requirements.
Implementing Model Risk Management Principles (SS1/23)
PRA in the supervisory statement SS1/23 outlines the key principles that banks can use to embed model risk management (MRM) within the firm. This article explores practical steps that small- and medium-sized banks can take to implement these principles on a proportional basis.