Prudential Regulation Authority

Bank of England Denies Conflict With Government Over Revolut Banking License
Bank of England Denies Conflict With Government Over Revolut Banking License
August 08, 2025  |  Bank Regulation

Bank of England Gov. Andrew Bailey reportedly denied a media report that the central bank and the U.K. government had a “falling out” over delays in allowing Revolut...

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Bank of London Discloses Investigation by UK’s Prudential Regulation Authority
Bank of London Discloses Investigation by UK’s Prudential Regulation Authority
May 15, 2025  |  Regulation

FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate record-keeping, lax regulatory reporting and governance failures. Get the...

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Bank of England Weighs New Capital Thresholds for Smaller Lenders
Bank of England Weighs New Capital Thresholds for Smaller Lenders
March 05, 2025  |  Bank Regulation

The Bank of England is weighing an increase to its retail deposits leverage ratio threshold. Get the Full Story Complete the form to unlock this article and...

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UK’s FCA Charts Path From Open Banking to ‘Open Finance’
UK’s FCA Charts Path From Open Banking to ‘Open Finance’
January 22, 2025  |  Bank Regulation

Open banking’s roots lie with the United Kingdom, where PSD2, a decade ago, gave a tailwind to banks’ “opening” their data to third-party providers. Get...

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UK Central Bank Weighs ‘Concierge Service’ to Draw Foreign Investments
UK Central Bank Weighs ‘Concierge Service’ to Draw Foreign Investments
January 20, 2025  |  Bank Regulation

The Bank of England could establish a “concierge service” to help foreign companies do business in the United Kingdom. Get the Full Story Complete the...

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Bank of England Aims to Loosen Rules for Lenders and Insurers
Bank of England Aims to Loosen Rules for Lenders and Insurers
January 08, 2025  |  Bank Regulation

The Bank of England has reportedly announced plans to relax rules for banks and insurers. Get the Full Story Complete the form to unlock this...

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UK Financial Authorities to Improve Cooperation on National Payments Vision
UK Financial Authorities to Improve Cooperation on National Payments Vision
December 23, 2024  |  Regulation

Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its...

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Revolut Finally Lands British Banking License 
Revolut Finally Lands British Banking License 
July 25, 2024  |  Digital Banking

After a three-year wait, Revolut has secured a banking license in its home country. Get the Full Story Complete the form to unlock this article...

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FI Operational Resiliency Goes Proactive as UK Regulations Loom
FI Operational Resiliency Goes Proactive as UK Regulations Loom
April 22, 2024  |  Regulation

Bad things can happen to good companies. And with the news Friday (April 12) that instant money movement platform TabaPay is acquiring Synapse’s assets following the latter’s bankruptcy, operational...

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