The PRA’s Approach to Supervising International Banks – Liquidity Reporting
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The Prudential Regulation Authority (PRA) has published its updated supervisory statement on supervision of international banks.
The statement outlines the PRA’s expectations for liquidity reporting by PRA-regulated UK branches of third-country, and non-EU European Economic Area, credit institutions and designated investment firms.
Initially published in February 2017, the updated statement becomes effective on December 29, 2020. Further details are available here.
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