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PRA updates webpage on waivers and modifications of rules
Summary by Financial Services: Regulation Tomorrow
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PRA updates webpage on waivers and modifications of rules
On 25 July 2025, the Prudential Regulation Authority updated its webpage on waivers and modifications of rules. New text has been added under the heading ‘What does this mean for firms or CRR consolidation entities?’which reads: “In July 2025, the PRA announced its intention to continue working on the basis of its proposed implementation date for the SDDT [Small Domestic Deposit Taker] capital regime of 1 January 2027, the same date on which it …
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