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    PRA Updates SS35/15 on Guidelines for Completing MLAR

    June 23, 2017

    The PRA published the supervisory statement SS35/15 following the consultation paper CP45/16 on "Amendments to Notes for completion of the MLAR," to include updated notes for completing the Mortgage Lenders and Administrators Return (MLAR). The notes take effect on July 01, 2017.

    This statement is addressed to all PRA-regulated firms that are required to submit supervisory reports under the Regulatory Reporting, Close Links, and Change in Control Parts of the PRA Rulebook. Its purpose is to set out the PRA’s expectations for how firms should complete the data items and returns required by those Parts. Chapter 2 and Appendices 1–4 of this statement took effect from January 01, 2016, except PRA101-103, which takes effect from October 01, 2017, and PRA104-108, which takes effect from January 01, 2018. Appendix 2 takes effect from July 01, 2017. Appendices 5 to 7 took effect from March 07, 2016. Appendix 8 takes effect from January 01, 2018. Appendix 9 takes effect from January 01, 2019. Appendix 10 takes effect from January 01, 2019.

     

    The PRA and the FCA had published the joint Consultation Paper 45/16 tiled "Amendments to Notes for completion of the MLAR" on December 12, 2016. No responses were received to the proposed amendments. The FCA has also published its final MLAR Notes on its website.

     

    Related Links

    Updated SS35/15 (PDF)

    FCA Notes on MLAR (PDF)

    Related Documents on MLAR

     

    Effective Date: July 01, 2017

    Keywords: Europe, PRA, FCA, United Kingdom, Reporting, MLAR, Mortgage Lending, Banking

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