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Part A Regulatory Matters, 1 The Regulation of Deposit-Taking Business

From: The Law and Practice of International Banking (2nd Edition)

Charles Proctor

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 30 January 2023

Bank supervision — Basel 3 — UK Prudential Regulation Authority (PRA)

This chapter discusses the regulatory framework applicable to the conduct of deposit-taking business in the UK. It first traces the history of banking regulation in the UK. It then covers deposit-taking as a regulated activity; the authorization procedure; powers of the UK Prudential Regulation Authority (PRA); and European Economic Area (EEA) firms.

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