2017-07-06
Added · Updated
The Prudential Regulation Authority issued Policy Statement PS18/11 to finalize rules regarding sovereign controlled companies. This document establishes the regulatory framework and requirements for firms controlled by foreign sovereign entities. It implements changes following the consultation period CP17/21 to ensure appropriate oversight of these specific corporate structures.
Open consultation: CP17/21
13/07/2017
Consultation closed
13/10/2017
Policy Statement: PS18/11
08/06/2018
08/06/2018