PRA-Treasury tensions emerge over reform scope
2026-02-18 The PRA today set out a series of post-Brexit regulatory moves that expose emerging tensions with the Government over the scope of reform and the...
The PRA today set out a series of post-Brexit regulatory moves that expose emerging tensions with the Government over the scope of reform and the use of delegated powers. In parallel, Bank of England governor Andrew Bailey has formally responded to new Treasury recommendations on the Prudential Regulation Authority’s remit.
Remit challenge from the Government
Andrew Bailey, in his capacity…
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