The Prudential Regulation Authority published several consultation papers today. One of the papers sets out the PRA's proposed rules in respect of its implementation of the audit committee requirements under the new EU statutory audit framework (more specifically, article 39 of the Statutory Audit Directive (Directive 2006/43/EC), as amended by Directive 2014/56/EU): see here (pdf). Another paper seeks views on a draft statement of policy regarding the PRA's approach to ring-fencing transfer schemes: see here (pdf).
Friday 18 September 2015
UK: PRA consultation papers - audit committee rules and ring-fencing transfer schemes
The Prudential Regulation Authority published several consultation papers today. One of the papers sets out the PRA's proposed rules in respect of its implementation of the audit committee requirements under the new EU statutory audit framework (more specifically, article 39 of the Statutory Audit Directive (Directive 2006/43/EC), as amended by Directive 2014/56/EU): see here (pdf). Another paper seeks views on a draft statement of policy regarding the PRA's approach to ring-fencing transfer schemes: see here (pdf).
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