Regulatory updates, Basel 3.1 Joshua Nowak Regulatory updates, Basel 3.1 Joshua Nowak

UK Basel 3.1: Near-final Rules Part 2 (PS9/24) - Key Changes

On 12 September 2024, the Prudential Regulation Authority (PRA) published the second part of its near-final rules on the implementation of Basel 3.1 standards through Policy Statement 9/24 (PS9/24). This article focuses on the key changes in comparison to the PRA’s earlier consultation paper(s), in each of the major risk areas.

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