Bank of England
PRA sets out captive insurance regime and capital buffer rules
The Prudential Regulation Authority published its July 2026 digest, introducing proposals for a tailored captive insurance regime and clarifying the releasability of capital buffers during systemic stress.
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Market survey expects Bank Rate at 3.75 percent through 2026
A Bank of England survey of 78 market participants shows a median expectation for Bank Rate to remain at 3.75 percent through December 2026 before declining to 3.25 percent over the long term.
Court approves 66 million pound dividend and 3 percent levy cap
The Bank of England's Court of Directors has approved the 2025/26 Annual Report, authorizing a £66 million dividend payment in lieu to HM Treasury.
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Bank Rate held at 3.75 percent in 6–3 vote as energy risks persist
The Bank of England's Monetary Policy Committee voted 6–3 to maintain Bank Rate at 3.75 percent, with three members favoring a 25 basis point increase.
Bank Rate held at 3.75 percent as energy risks prompt 6-3 split
The Bank of England's Monetary Policy Committee voted 6-3 to maintain the Bank Rate at 3.75 percent.
Prudential rule updates clarify capital buffers and consolidation
The Prudential Regulation Authority has finalized policy on low-impact amendments to its Rulebook and technical standards following public consultation.
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Updated capital buffer rules apply to large UK lenders
The Prudential Regulation Authority has published an updated Statement of Policy on implementing the other systemically important institutions buffer.
Updated criteria set for systemically important institutions
The Prudential Regulation Authority has updated Statement of Policy 1/16 on identifying other systemically important institutions.
Solvency UK reporting updates ease own funds permission rules
The Prudential Regulation Authority has finalized Solvency UK reporting amendments and updated own funds permissions in Policy Statement PS18/26. All policy changes and corresponding taxonomy updates will take effect for reporting reference dates on or after December 31, 2026.
Updated framework for Solvency II technical data takes effect
The Prudential Regulation Authority has published an updated Statement of Policy on its approach to publishing Solvency II technical information.
Governor Bailey defends bank cyber defenses against AI critique
Bank of England Governor Andrew Bailey defended the central bank's cyber defenses in a July 23 letter to the Daily Mail, warning that frontier AI poses broader systemic risks to the financial sector.
Friendly society amalgamations get clearer transfer guidance
The Prudential Regulation Authority has published a consultation paper proposing clearer guidance and a structured process for friendly society amalgamations and transfers under Part VIII of the Friendly Societies Act 1992.