Wed. Jan 20th, 2021

Planet Compliance

Innovation & Regulation in Finance

PRA publishes February Regulatory Digest

1 min read

The Prudential Regulation Authority (PRA) has today published its February Regulatory Digest, which is aimed at people interested in the UK financial services industry and highlights key regulatory news and publications delivered for the month.

This month’s issue highlights the following top news and publications:

  • PRA and FCA statement on compliance with the EBA guidelines on Sound Remuneration Policies.
  • PRA fines and bans Colin McIntosh, CEO of Milburn Insurance Company Limited, for serious regulatory breaches and also fines Milburn £2,863,066
  • Reform of the Credit Unions sourcebook – PS4/16
  • Strengthening accountability update: Implementation on 7 March

The full report is available here.


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