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ARTICLE · 20 AUGUST 2015

Financial Regulatory Developments Focus - August 18, 2015

A&O Shearman
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On August 14, 2015, the Prudential Regulation Authority published a consultation paper on proposals to transfer additional parts of the PRA rules that are in the FS Handbook into the stand-alone PRA Rulebook.

GlobalFinance and Banking
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In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and corporates.

Bank Prudential Regulation & Regulatory Capital

UK Prudential Regulation Authority Consults on Further Rulebook Parts

On August 14, 2015, the Prudential Regulation Authority published a consultation paper on proposals to transfer additional parts of the PRA rules that are in the FS Handbook into the stand-alone PRA Rulebook. The PRA is reshaping the materials inherited from the Financial Services Authority to create a Rulebook which contains PRA rules only and follows the split of the old FSA into the PRA and the Financial Conduct Authority. The current consultation covers rules for financial conglomerates, third country groups, group risk and group systems and controls and regulatory reporting. The consultation closes on

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