Minimum Capital Requirements

PRA Rules and Modifications by Consent

• Reporting Pillar 2
• Internal Capital Adequacy Assessment
• Capital buffers and Pillar 2A: Modification by Consent and Model Requirements

UK legislation

• Required Level of Own Funds - Capital Requirements Regulation (EU) No 575/2013 (Part Three, Title I)

Supervisory Statements and Statements of Policy

• The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP) (SS31/15)
• Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082, and PRA 111 (SS32/15)
• The PRA's methodologies for setting Pillar 2 capital (Statement of Policy)

Other relevant material

Guidelines originally issued by European Supervisory Authorities should be read in conjunction with "Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU" (Statement of Policy)

• Guidelines on common procedures and methodology for Supervisory review and Evaluation Process (SREP) (EBA/GL/2014/13)
• Guidelines on ICAAP and ILAAP information (EBA/GL/2016/10)
• Guidelines of institutions' stress testing (EBA/GL/2018/04)