News & Analysis as of

Banking Sector United Kingdom Public Consultations

A&O Shearman

UK PRA extends adjustments to Basel 3.1 market risk framework consultation

A&O Shearman on

The UK Prudential Regulation Authority (PRA) has announced, as part of its Regulatory Digest for July, an extension to the consultation period for CP17/25 which sets out proposed adjustments to the market risk framework under...more

A&O Shearman

UK PRA consults on restatement of CRR definitions in Rulebook

A&O Shearman on

The UK Prudential Regulation Authority (PRA) has published consultation paper CP19/25, proposing the transfer of definitions from Articles 4, 4A, 4B and 5 of the UK Capital Requirements Regulation (CRR) into the PRA Rulebook...more

White & Case LLP

LIBOR and the transition to SONIA: compounding the problem?

White & Case LLP on

In 2012, the Wheatley Review recommended reform rather than replacement of LIBOR, on the basis that a transition to a new benchmark would pose an unacceptably high risk of financial instability. Reform came in the form of a...more

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