PRA year-end TMTP guidance issued
5 December 2022·1 min read
The Prudential Regulation Authority (the PRA) told insurers today it will accept applications to recalculate the transitional measure on technical provisions (TMTP) as at 30 June after concluding that recent moves in risk‑free rates meet the material‑change threshold in Supervisory Statement SS6/16.Additionally, opens a narrow operational window for…
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