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- Basel 3.1 15
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- Capital 1
- Consultation Paper 1
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- Dear CEO Letter - PRA 1
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- Regulatory updates 29
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- Small Domestic Deposit Takers (SDDT) 2
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- Supervisory Statement 3
- k-ALM 4
Simplified Capital Regime for Small Domestic Deposit Takers (SDDTs)
On 12 September 2024, the PRA published Consultation Paper 7/24 (The Strong and Simple Framework: The simplified capital regime for Small Domestic Deposit Takers (SDDTs)) as part of its Phase 2 of announcements, which sets out the proposed simplified capital regime for SDDTs.
Small Domestic Deposit Takers (SDDT) PS15/23
The Prudential Regulation Authority (PRA) has introduced the Strong and Simple Framework for domestic banks and building societies that are non-systemic. The banks and building societies that meet the eligibility criteria are classified as Small Domestic Deposit Takers (SDDT) firms.
PRA’s Policy Statement PS15/23 (The Strong and Simple Framework: Scope Criteria, Liquidity and Disclosure Requirements) specifies the finalised SDDT criteria and prudential regulations for features (e.g., liquidity) not relating to capital requirements.