Industry response

Strengthening accountability in banking - PRA CP 34/16

BSA response to PRA CP 34/16: Amendments and optimisations
This response provides comments on PRA CP 34/16 (the CP), which deals with -
  • the PRA's expectations on the duty of responsibility,
  • the application of the conduct rules to notified/standard NEDs, and
  • a range of proposed technical amendments.
The BSA supports the PRA's proposals regarding the duty of responsibility and the application of the conduct rules to notified/standard NEDs, which are consistent with earlier representations made by the BSA.

Read the full response