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Accountability of the Prudential Regulation Authority for delivery of the Secondary Competitiveness and Growth Objective (SCGO)

Why this matters

This is the PRA's annual accountability report on Secondary Competitiveness and Growth Objective (SCGO) performance metrics. It presents quantitative and qualitative data on regulatory standards alignment, banking/insurance resilience, operational efficiency, and stakeholder engagement. The content is informational and retrospective (2025/26 financial year results), covering prudential standards, capital ratios, authorization timelines, and regulatory burden reduction initiatives across banking and insurance sectors.

AI-generated classification rationale, not a full analysis. Verify with the original PRA source before acting. Full disclaimer.

What the PRA said

Appendix to the Prudential Regulation Authority Annual Report 2025/26

Published by PRA . Read the full notice at the source for the authoritative text.

Context

Prudential Regulation Authority (PRA) — UK prudential regulator. We track 113 updates from them.

Financial services regulation in the UK, primarily overseen by the FCA and PRA. Browse all United Kingdom updates.

This update is classified under Prudential / Capital Requirements, Authorisation & Licensing, Reporting & Disclosure and Banking & Credit.

Relevant Firm Types

BankInsurance
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