Regulatory Alerts2022-02-27
Banking Prudential Requirements for Capital and Credit Risk
The Prudential Regulation Authority published finalised bank capital adequacy requirements on 1 October 2021, consolidated within the Banking Prudential Requirements documents. These documents, with versions dated after 1 July 2021, incorporate minor technical changes and formatting corrections to the standards released in June 2021. The regulatory framework includes specific provisions for capital definitions, credit risk weighted asset calculations, market risk, operational risk, and transitional capital instruments.
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