Regulatory AlertsPS24/13: Joint PRA and FCA Consequential Amendments to BTS 2016/2251
The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS24/13 to implement consequential amendments to BTS 2016/2251. These updates align domestic regulatory frameworks with current legislative requirements and remove outdated references following the UK's departure from the European Union. The amendments take effect immediately upon publication to ensure regulatory consistency and eliminate compliance ambiguities for supervised institutions.
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