Basel 3.1: Unpacking the new rules from the PRA
October 24th | 11:00AM - 12:00PM BST
The Bank of England's Prudential Regulatory Authority (PRA) has meticulously rolled out the Basel 3.1 Reforms in a phased approach. With Part 1 of the near-final Policy Statement PS17/23 already in place, a simpler set of standards (PS15/23) for Small Domestic Deposit Takers, and the imminent release of Part 2 addressing credit risk and the output floor, the comprehensive picture of Basel 3.1 is taking shape.
Meanwhile, the European Commission and Parliament have unveiled legislation implementing the Basel III Reforms in Europe through the CRR3/CRD VI directive.
This webinar aims to simplify the complex landscape of the UK Basel 3.1 Reforms, providing clarity and guidance for financial institutions.
Key Topics Covered:
- Comprehensive Review: An up-to-date overview of all Basel 3.1-related policy statements, ensuring you have the latest information.
- Impact Assessment: A thorough analysis of how the changes will affect various UK entities, helping you understand the implications for your organization.
- Small Domestic Deposit Takers (SDDTs): A detailed examination of the impact of PS15/23 on SDDTs, outlining the future path forward for these institutions.
Join us as we break down the complexities of Basel 3.1 and equip you with the knowledge needed to navigate this evolving regulatory environment.