Industry response

Refining the PRA's Pillar 2A capital framework

BSA response to PRA CP 3/17

The BSA's response to PRA's CP 3/17 broadly welcomes the PRA's proposals - which should help redress the current disadvantage most building societies and smaller banks experience with their Pillar 1 capital requirements. A modest but useful move in the right direction - read the full response.


Jeremy Palmer

Head of Financial Policy