On 1 June 2016, the PRA published its Regulatory Digest for May 2016. The Regulatory Digest summarises the key regulatory news and publications for May 2016, including (among other things):

  • The speech by the Deputy Governor of the PRA, Andrew Bailey, on culture in financial services. In his speech, Mr Bailey re-emphasises that culture still is, and will remain, of the utmost importance to financial regulators.
  • The news that the Bank of England and Financial Services Bill was given Royal Assent on 4 May 2016.