PRA CP11/24 – International firms: Updates to SS5/21 and branch reporting

Explore the latest proposals from the PRA aimed at international banks operating in the UK. Discover the complexities of supervisory guidelines and the benefits of branch operations versus subsidiaries. The discussion also delves into the need for efficient resolution strategies and updated evaluation thresholds. Learn about enhancements in booking arrangements for UK banks and the implications of new remote booking structures. Stay informed on how these changes aim to improve transparency and liquidity oversight in the banking sector.