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PRA publishes policy statement on SME infrastructure lending adjustments to Pillar 2A

Summary by LexBlog
On 22 May 2025, the Prudential Regulation Authority (PRA) published a policy statement, PS7/25 – Update to PS9/24 on the SME and infrastructure lending adjustments. Background The PRA published policy statement PS9/24 in September 2024, setting out near-final rules to implement Basel 3.1 in the PRA Rulebook in relation to credit risk, the output floor, reporting and disclosure requirements. Near-final policy PS7/25 sets out the PRA’s near-final …
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LexBlog broke the news in on Friday, May 23, 2025.
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