PRA’s latest occasional consultation paper proposes miscellaneous and minor amendments to PRA rules and supervisory statements. It proposes changes to:

  • rulebook parts relevant to the Society of Lloyd’s, with a response deadline of 25 November;
  • SS13/13 on market risk and SS12/13 on counterparty credit risk, with a response deadline of 11 February 2016;
  • consequential amendments to SMR and the Senior Insurance Managers Regime (SIMR), which asks for feedback by 11 January 2016; and
  • definitions related to credit unions, for which the consultation also closes on 11 January 2016.

(Source: PRA Occasional Consultation)