PS13/25 – The PRA’s implementation of the Bank Resolution (Recapitalisation) Act
Summary by Financial Services: Regulation Tomorrow
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PS13/25 – The PRA’s implementation of the Bank Resolution (Recapitalisation) Act
On 16 July 2025, the Prudential Regulation Authority (PRA) published Policy Statement 13/25: The PRA’s implementation of the Bank Resolution (Recapitalisation) Act (PS13/25). Background On 31 March 2025, the PRA published a consultation paper, CP4/25, setting out proposed changes in relation to the deposit protection available from the Financial Services Compensation Scheme (FSCS). The PRA is responsible (under the Financial Services and Markets…
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