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Prudentist - Speech By Sam Woods, Bank Of England Deputy Governor For Prudential Regulation And Chief Executive Officer f The Prudential Regulation Authority

Date 22/09/2021

Sam Woods sets out the Prudential Regulation Authority (PRA)’s future work. He says the capital and liquidity positions of banks and insurers are strong, despite Covid. There are now a number of other priorities for the regulator to focus on. 

These include:

  • updating the PRA’s operating model to reflect changes to its role after Brexit
  • responding to climate change
  • the review of regulatory requirements for insurers (Solvency II)