PRA

FCA accused of undermining growth through risk aversion

A culture of risk aversion among financial regulators undermines financial firms’ competitiveness and growth, the Financial Services Regulation Committee said.
Deposit protection limit set to be raised to £110,000

The Prudential Regulation Authority (PRA) has today said it proposes to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.
Turner says Financial Policy Committee will be most important reform
FSA splits into 'twin peaks' model
Firms concerned about compliance impact of twin peaks regime
FSA's Andrew Bailey sets out his vision for the PRA
Andrew Bailey appointed chief executive of PRA and deputy governor of Bank of England
Less than one month until tri-partite regulation scheme implemented
Three new independent directors appointed to PRA Board
New regulatory regime will cost £86m more says FCA
Nick Prettejohn resigns from L&G board for role at the PRA
Wheatley: FCA is "very different animal" to FSA
Royal London signs deal for Co-op Banking Group divisions
Co-op Bank post £709m loss and £1.5bn capital shortfall
FCA and PRA to conduct Co-op Bank probes
'Regulators must show they are value for £664m cost'
Regulators to be placed under microscope in review
New rules to tackle bank failures and hold bosses to account
Regulators fine RBS £56m for major IT failures
New whistleblowing rules for companies outlined

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