On the 10th January 2023 the PRA published its priorities for UK deposit takers (UKDTs) and Banks active in the UK (International banks).
The PRA’s priorities include financial resilience, operational risk and resilience, risk management and governance, climate-related financial risks, diversity, equity and inclusion (DEI), regulatory reporting and data quality. For UKDTs the PRA also specifically highlights credit and model risk and resolvability assessments.
Download this At a glance to see our summary of the PRA’s Dear CEO letter and what it means for firms.
