Implementing PRA CP4/23 - March 2023
Implementing PRA CP4/23: The "Liquidity" part of the forthcoming "Strong and Simple" Regulatory Framework for smaller UK banks
The PRA has just published CP4/23, which describes changes to the prudential liquidity risk and reporting framework for non-systemic UK banks. This is expected to result in material reduction in the regulatory compliance burden, whilst retaining the requirement to maintain a robust balance sheet. The consultation paper is 45 pages long, in our latest Thought Leadership article Claire Trythall distils all the key points into 4 pages....
by Claire Trythall
Click Implementing PRA CP4-23.pdf link to view the file.