UK’s PRA ‘re-tooling’ for post-Brexit world – Woods

Sam Woods
Sam Woods, PRA chief executive
Bank of England

The UK’s Prudential Regulation Authority is starting to implement changes to its operating model as it takes on powers previously held at the European Union level.

Sam Woods, PRA chief executive, said in a speech on September 22 there was an ongoing debate on how to divide responsibilities between parliament, government and regulators. “Parliament has already decided this for the latest round of Basel rules, and my colleague Vicky Saporta is leading our efforts to re-tool our policy-making

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