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- CP2/22 – Definition of capital: updates to PRA Rules and supervisory expectations
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CP2/22 – Definition of capital: updates to PRA Rules and supervisory expectations
7 February 2022
This Consultation Paper (CP) sets out the PRA’s proposed approach to transferring the UK Technical Standards for own funds requirements for institutions into PRA rules, with amendments to reflect revisions to the Capital Requirements Regulation (‘CRR’) which applied from 27 June 2019.
The proposals in this CP would amend the Own Funds and Eligible Liabilities (CRR) Part of the PRA Rulebook and SS7/13.
This CP is relevant to banks, building societies, PRA-designated investment firms and PRA-approved, or PRA-designated, financial or mixed financial holding companies.
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