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