Prudential Regulation Authority

E19441

The Prudential Regulation Authority is the United Kingdom’s financial regulator responsible for overseeing the safety and soundness of banks, insurers, and major investment firms.

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AI-generated illustration of Prudential Regulation Authority

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the Prudential Regulation Authority (The Prudential Regulation Authority is the United Kingdom’s financial regulator responsible for overseeing the safety and soundness of banks, insurers, and major investment firms.)

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf financial regulatory authority ⓘ
prudential regulator ⓘ
cooperatesWith Financial Conduct Authority ⓘ
coRegulatorWith Financial Conduct Authority ⓘ
country United Kingdom ⓘ
establishedAs subsidiary of the Bank of England ⓘ
followsStandards Basel Committee on Banking Supervision standards ⓘ
International Association of Insurance Supervisors standards ⓘ
goal ensure firms have adequate capital ⓘ
ensure firms have adequate liquidity ⓘ
minimise adverse effects of firm failure on the financial system ⓘ
headquartersCountry United Kingdom ⓘ
headquartersLocation London ⓘ
linked to: London, England
issues policy statements ⓘ
prudential rules ⓘ
supervisory statements ⓘ
jurisdiction United Kingdom ⓘ
legalBasis Bank of England Act 1998 (as amended) ⓘ
Financial Services Act 2012 ⓘ
monitors capital adequacy of regulated firms ⓘ
governance and risk management of regulated firms ⓘ
liquidity positions of regulated firms ⓘ
parentOrganization Bank of England ⓘ
partOf Bank of England ⓘ
precededBy Financial Services Authority ⓘ
regulates banks ⓘ
building societies ⓘ
credit unions ⓘ
insurers ⓘ
major investment firms ⓘ
regulatoryFocus safety and soundness of firms ⓘ
regulatoryObjective contribute to the stability of the UK financial system ⓘ
promote the safety and soundness of regulated firms ⓘ
responsibility prudential regulation of deposit-takers ⓘ
prudential regulation of insurers ⓘ
prudential regulation of significant investment firms ⓘ
restructuredAs integrated part of the Bank of England ⓘ
sector financial regulation ⓘ
supervises systemically important financial institutions in the UK ⓘ
supervisoryApproach judgement-based supervision ⓘ
risk-based supervision ⓘ
typeOfRegulation microprudential regulation ⓘ
usesFramework Pillar 1 capital requirements ⓘ
Pillar 2 capital requirements ⓘ
Solvency II for insurers ⓘ
worksWith HM Treasury ⓘ
international standard-setting bodies ⓘ

How these facts were elicited

Referenced by (58)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bank of England → hasDivision → Prudential Regulation Authority ⓘ
Bank of Scotland → regulator → Prudential Regulation Authority ⓘ
Royal Bank of Scotland → regulator → Prudential Regulation Authority ⓘ
Clydesdale Bank → regulator → Prudential Regulation Authority ⓘ
Virgin Money → regulator → Prudential Regulation Authority ⓘ
Financial Conduct Authority → cooperatesWith → Prudential Regulation Authority ⓘ
Principality Building Society → regulator → Prudential Regulation Authority ⓘ
Lloyds Banking Group → regulator → Prudential Regulation Authority ⓘ
HM Treasury Select Committee → scrutinises → Prudential Regulation Authority ⓘ
Barclays → regulator → Prudential Regulation Authority ⓘ
Financial Services Act 2012 → createdBody → Prudential Regulation Authority ⓘ
Governor of the Bank of England → oversees → Prudential Regulation Authority ⓘ
Prudential Regulation Committee → oversees → Prudential Regulation Authority ⓘ
Yorkshire Bank → regulator → Prudential Regulation Authority ⓘ
Santander UK → regulator → Prudential Regulation Authority ⓘ
Lloyd’s of London → regulator → Prudential Regulation Authority ⓘ
Aviva → regulator → Prudential Regulation Authority ⓘ
Barclaycard → regulatorJurisdiction → Prudential Regulation Authority ⓘ
Financial Conduct Authority → cooperatesWith → Prudential Regulation Authority ⓘ
subject linked to: FCA
Financial Services Authority → hasSuccessor → Prudential Regulation Authority ⓘ
Financial Services Authority → replacedBy → Prudential Regulation Authority ⓘ
Financial Services and Markets Act 2000 → currentPrimaryRegulatorUnderAct → Prudential Regulation Authority ⓘ
Financial Services and Markets Act 2000 → enforcedBy → Prudential Regulation Authority ⓘ
Sainsbury's Bank plc → regulator → Prudential Regulation Authority ⓘ
Aegon UK → regulator → Prudential Regulation Authority ⓘ
Standard Chartered Group → regulatoryAuthority → Prudential Regulation Authority ⓘ
Serco Group → regulator → Prudential Regulation Authority ⓘ
MBNA UK → regulator → Prudential Regulation Authority ⓘ
Halifax → regulator → Prudential Regulation Authority ⓘ
subject linked to: Halifax (bank)
Birmingham Midshires → regulator → Prudential Regulation Authority ⓘ
London interbank market → regulatorJurisdiction → UK Prudential Regulation Authority ⓘ
linked to: Prudential Regulation Authority
Halifax → regulator → Prudential Regulation Authority ⓘ
BARC → subjectToRegulationBy → Prudential Regulation Authority ⓘ
CYBG plc → regulator → Prudential Regulation Authority ⓘ
HSBC UK → regulator → Prudential Regulation Authority ⓘ
Banking Act 2009 → grantsPowerTo → Prudential Regulation Authority ⓘ
Deputy Governor for Financial Stability → worksWith → Prudential Regulation Authority ⓘ
Deputy Governor for Prudential Regulation → oversees → Prudential Regulation Authority ⓘ
Deputy Governor for Prudential Regulation → successorBodyOversees → Prudential Regulation Authority as part of Bank of England ⓘ
linked to: Prudential Regulation Authority
Bank of England and Financial Services Act 2016 → relatedTo → Prudential Regulation Authority ⓘ
NatWest → regulator → Prudential Regulation Authority ⓘ
Big Four banks (United Kingdom) → regulator → Prudential Regulation Authority ⓘ
Nationwide Building Society → regulator → Prudential Regulation Authority ⓘ
First Direct → regulator → Prudential Regulation Authority ⓘ
Prudential Assurance Company → regulator → Prudential Regulation Authority ⓘ
M&S Bank → regulatoryJurisdiction → Prudential Regulation Authority ⓘ
AV. → isSubjectToRegulator → Prudential Regulation Authority ⓘ
Aviva plc → regulatorJurisdiction → UK Prudential Regulation Authority ⓘ
linked to: Prudential Regulation Authority
Treasury Select Committee → scrutinises → Prudential Regulation Authority ⓘ
Financial Services Register → regulator → Prudential Regulation Authority ⓘ