SoP8/25 – The PRA’s approach to the exercise of powers referred to in Articles 244(3)(b), 245(3)(b), 254(4) and 258(2) of the Securitisation (CRR) Part of the PRA Rulebook
Why this matters
This regulatory update from the PRA sets out their approach to exercising certain powers related to securitization under the CRR rules. This is relevant for banking and capital markets firms that engage in securitization activities, as well as all firms subject to the Securitisation (CRR) Part of the PRA Rulebook. The update provides guidance on prudential and reporting requirements, so the urgency is assessed as medium.
AI-generated classification rationale, not a full analysis. Verify with the original PRA source before acting. Full disclaimer.
What the PRA said
Statement of policy 8/25
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, Reporting & Disclosure, Banking & Credit and Capital Markets & Trading.