March 29, 2018

PRA published a policy statement PS6/18 that provides feedback to the responses to chapters 2 to 6, 9, and 10 of the PRA and FCA consultation paper CP18/17. CP18/17 had proposed changes to the PRA Rulebook Parts and supervisory statements. PS6/18 also includes the final rules and the updated supervisory statements: SS13/13 on market risk and SS36/15 on the life insurance product reporting codes set out in the appendices under Solvency II. The policy statement and supervisory statements take effect from March 30, 2018.

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Effective Date: March 30, 2018

Keywords: Europe, UK, Banking, Insurance, PS6/18, SS13/13, SS36/15, CRD IV, Solvency II, Reporting, Market Risk, PRA

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