2025-06-30
The Prudential Authority has issued Directive D4-2025 to standardize regulatory and economic capital reporting for domestic systemically important banks. The directive mandates that these institutions complete and submit the BA 701 form at the bank controlling company consolidated level on a six-monthly basis, with submissions due by the 60th business day following each reporting date. Replacing Directive 7 of 2017, these updated reporting requirements align with the amended Banks Act Regulations and take effect from 1 July 2025.