What PRA does
Part of the Bank of England. Prudentially regulates and supervises around 1,292 banks, building societies, credit unions, insurers, and major investment firms. Sets capital and liquidity requirements, assesses business models and governance. Works alongside FCA which handles conduct regulation.
Dual-regulated firms need authorisation from both PRA and FCA. PRA focuses on safety and soundness, FCA on conduct and consumer protection.
Contact PRA
- Phone
- 020 3461 7000
Official guidance from PRA
Curated guidance documents to help you understand your obligations.
New Insurer Start-up Unit | Bank of England (opens in a new tab)
Detailed Guidance
Assets and liabilities other than Technical Provisions | Bank of England (opens in a new tab)
Detailed Guidance
Banking capital instruments - pre/post-issuance notification (PIN) | Bank of England (opens in a new tab)
Detailed Guidance
Banking Data Review | Bank of England (opens in a new tab)
Detailed Guidance
Banks, building societies and investment firms | Bank of England (opens in a new tab)
Detailed Guidance
Basel 3.1 permissions | Bank of England (opens in a new tab)
Detailed Guidance
Being an authorised insurer | Bank of England (opens in a new tab)
Detailed Guidance
Calculation of RWA for counterparty credit risk | Bank of England (opens in a new tab)
Detailed Guidance
View all 127 guidance documents (opens in a new tab)
Legal framework
Legislation that PRA directly enforces.
Primary legislation
Secondary legislation
… and 336 more statutory instruments.
Related legislation
Legislation connected to PRA’s remit but not directly enforced — establishing Acts, amendments, referenced legislation, and context.