Category: Prudential Regulation Authority (PRA)

Bank of England drops new diversity and inclusion rules for City firms

In latest retreat amid US backlash, BoE says it wants to avoid more ‘regulatory burdens’ for financial companiesBusiness live – latest updatesThe City’s top two regulators have said they will not bring in...

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Bank of England delays rules designed to avoid banking crash by a year

Latest setback, after talks with Treasury, blamed on lack of clarity about implementation in USBusiness live – latest updatesThe Bank of England has delayed the introduction of tougher global banking capital rules by a...

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City regulators to start oversight of tech firms that provide ‘critical’ services to UK

New powers come amid concerns that cyber-attacks and outages could put the country’s financial stability at riskCity regulators will begin cracking down in the new year on tech firms providing “critical”...

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