PRA publishes February Regulatory Digest

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.

Lavanya Rathnam

Lavanya Rathnam is an experienced technology, finance, and compliance writer. She combines her keen understanding of regulatory frameworks and industry best practices with exemplary writing skills to communicate complex concepts of Governance, Risk, and Compliance (GRC) in clear and accessible language. Lavanya specializes in creating informative and engaging content that educates and empowers readers to make informed decisions. She also works with different companies in the Web 3.0, blockchain, fintech, and EV industries to assess their products’ compliance with evolving regulations and standards.

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