BofE issues consultation paper on liquidity and LCR rules

Occasional Consultation Paper – CP26/16

22 July 2016
This Occasional Consultation Paper (OCP) sets out proposed changes to the following Prudential Regulation Authority (PRA) Rulebook Parts and supervisory statements (SS):

  • SS24/15 – The PRA’s approach to supervising liquidity and funding risks  (Chapter 2);
  • Internal Liquidity Adequacy Assessment (ILAA) Part (Chapter 3);
  • Regulatory Reporting Part and SS34/15 – Guidelines for completing regulatory reports  (Chapter 4);
  • Conditions Governing Business Part (Chapter 5); and
  • Capital Buffers Part and Leverage Ratio Part (Chapter 6).
This OCP also consults on an administration instrument. An administration instrument is used to make minor corrections to PRA Rulebook provisions. The corrections are not substantive and are not intended to change PRA policy. The corrections will result in rule amendments.
This consultation is relevant to all PRA-authorised firms.
Responses and next steps
This consultation for Chapters 2 – 6 closes on Friday 21 October 2016, and for the administration instrument on Friday 5 August 2016. The PRA invites feedback on the proposals set out in this CP. Please address any comments or enquiries to
The policy contained in this CP has been designed in the context of the current UK and EU regulatory framework. The PRA will keep the policy under review to assess whether any changes would be required due to changes in the UK regulatory framework, including changes arising once any new arrangements with the European Union take effect.
Consultation paper

Related Posts

Previous Post
FSB talks CCPs, OTC derivatives, correspondent banking
Next Post
CFTC Staff Issues Guidance to Clearinghouses on Recovery Plans and Wind-Down Plans

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account