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Banking Sector Consultation Bank of England

A&O Shearman

PRA consults on updated supervisory expectations to manage climate-related risks

A&O Shearman on

The Prudential Regulation Authority (PRA) has issued a consultation paper (CP10/25) and draft updates to the supervisory statement 3/19. The consultation aims to enhance supervisory expectations on the management of...more

Latham & Watkins LLP

UK Regulators Launch Discussion on Diversity and Inclusion

Latham & Watkins LLP on

Discussion Paper opens debate on potential new rules to improve diversity in financial services. On 7 July 2021, the FCA, the PRA, and the Bank of England published a joint Discussion Paper on diversity and inclusion in...more

A&O Shearman

Bank of England Confirms Approach to Valuation Capabilities of Firms to Support Resolvability

A&O Shearman on

Following its consultation in August 2017, which closed in November 2017, the Bank of England has published its Statement of Policy on its expectations on the minimum standard of valuation capabilities that firms should have...more

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