as at 27 Oct 2026
Insurance Asset News
Regulation & Policy

PRA-Treasury tensions emerge over reform scope

By IAN Editorial Desk
News date: 10 September 2021Published 24 May 2026·2 min read

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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