HM Treasury has published a letter (dated December 18, 2024) from Andrew Bailey, BoE Governor, in his role as Chair of the Prudential Regulation Committee. In the letter, Mr Bailey sets out the ...

UK's PRA fined Aviva’s UK Insurance Ltd $14M over Solvency II balance sheet miscalculation for 2023 and 2024, impacting the Aviva and DLG group.

The Capital Buffers and Macro-prudential Measures Regulations 2025 (SI 2025/653) have been laid before the UK parliament and published, together with an explanatory memorandum. The regulations restate ...

Sam Woods, the central bank’s executive director of insurance, will succeed Andrew Bailey as chief executive of the authority. By Chad Bray The buffer is intended to ensure that British banks can ...

Aviva’s Direct Line Group fined £10.6m for balance sheet reporting errors - The Prudential Regulation Authority said the firm’s main underwriter, UK Insurance Limited, miscalculated its balance sheet ...

Following a request to the Caribbean Regional Technical Assistance Centre (CARTAC), a mission was held from July 7 to 10, 2025, in Belmopan and Belize City to assist the Belize Financial Services ...

SYDNEY—Australia’s prudential regulator will conduct its first systemwide stress test, as it seeks to better understand potential risks borne by an increasingly interconnected financial system ...

Revolut Bank UK Ltd has received regulatory approval from the Prudential Regulation Authority (PRA) to exit the mobilisation phase, and launch as a bank in the UK. The launch comes with an existing ...

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails A senior executive from Barclays is set to take the ...