Regulatory Alerts2020-05-15
G5/2020: Suspension of the Flavour-of-the-Year Topic for Banks
The Prudential Authority has suspended the annual flavour-of-the-year topic for 2020 board meetings with banks and controlling companies due to the COVID-19 pandemic. Completed meeting findings will be retained for supervisory purposes, and the suspended topic will be reinstated at a later date. Institutions must ensure their independent auditors receive the guidance and return a jointly signed acknowledgement of receipt to the Authority.
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