PRA plans to subject ‘other systemic institutions’ to tougher scrutiny

Front of Bank of England London
The Bank of England

Banks and investment firms that are systemically important in the UK will be subject to tighter scrutiny but not higher capital requirements, the Bank of England's Prudential Regulation Authority (PRA) said today (October 19).

The PRA set out the plans in a consultation paper on identifying "other systemically important institutions" (O-Siis), which will cover credit institutions, investment firms and European Economic Area parent mixed financial holding companies that are incorporated in the UK

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.