Regulatory Alerts2026-03-26
Bank of England streamlines reporting and disclosure requirements for bank failure regime
The Bank of England and Prudential Regulation Authority have finalised a package of changes to UK banks’ resolution reporting and disclosure requirements. The reforms increase the Resolution Assessment Framework threshold to £100 billion in retail deposits, mandate biennial recovery plan reviews for small domestic deposit takers, and simplify Minimum Requirement for Own Funds and Eligible Liabilities reporting. Implemented between April 2026 and January 2027, these adjustments reduce regulatory burdens and delete outdated templates while preserving a robust framework for orderly bank failures.
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