PS24/19: Enhancing the National Storage Mechanism

The Prudential Regulation Authority issued Policy Statement 24/19 to enhance the National Storage Mechanism (NSM). The document finalizes rules that allow firms to store regulatory information in a central repository, reducing duplication and improving data accessibility. These changes aim to streamline regulatory reporting processes while maintaining high standards of transparency and efficiency across the financial sector.

United Kingdom

Financial Conduct Authority

Consultation opens

09/08/2024

Consultation closed

27/09/2024

Policy Statement

20/12/2024