The CP sets out PRA’s proposed updates to Pillar 2A methodologies and guidance and is the first phase of a two-stage review.  It outlines the PRA’s proposals to address the consequential impacts of the near-final PRA rules that would implement the Basel 3.1 standards. Other proposals in the CP are intended to improve information, guidance and transparency for firms.  After this first phase has been completed, the PRA plans to conduct a more in-depth review of individual methodologies within Pillar 2A and will publish a further CP setting out its proposals.  Responses are required by 5 September 2025.

The PS provides PRA’s near-final policy on the SME and in­fra­struc­ture lending adjustments to Pillar 2A as outlined in PS9/24 and following consultation in CP16/22.  The near-final policy in this near final PS will take effect on the same date as PRA’s im­ple­ment­a­tion of the Basel 3.1 stand­ards.

This document consolidates previous publications on the APP reimbursement requirement, including summaries of FAQs and the requirements for reimbursement of APP fraud committed over the CHAPS payment sys­tem.

IO­SCO has issued this statement in which it welcomes efforts by some platform providers in some jurisdictions to disrupt the misuse of their products and services by those who seek to target retail investors and suggests that platform providers consider the adoption of certain measures set out in the state­ment.