Written Question·Treasury·UIN 19720

Prudential Regulation Authority: Enforcement

Tabled: 12 December 2024

Answered: 18 December 2024

Named Day

Question

Clive Lewis

To ask the Chancellor of the Exchequer, pursuant to the Answer of 6 December 2024 to Question 17571 on Fossil Fuels: Insurance, whether the Prudential Regulation Authority is responsible for enforcing the (a) development and (b) implementation of transiti

Answer

Tulip Siddiq

The Prudential Regulation Authority (PRA) is responsible for overseeing the prudential regulation and supervision of financial institutions in the UK, ensuring their safety, soundness, and compliance with regulatory standards. Responsibility for regulator...

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