PRA
Prudential Regulation Authority
The PRA is the UK's prudential regulator for banks, insurers, and major investment firms. It focuses on safety and soundness of financial institutions.
The PRA is part of the Bank of England and works with the FCA on a twin-peaks regulatory model. It sets capital and risk standards for regulated firms. Official site: PRA.
Related Terms
FCA
Financial Conduct Authority
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Bank of England
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Basel III
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EMEA
Europe, Middle East, and Africa
EMEA is a regional designation used in business and banking to describe operations or markets spanni...
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