1 Overview

1.1 This Prudential Regulation Authority (PRA) Policy Statement (PS) contains final policy following Consultation Paper (CP) 16/18 'Regulatory reporting: occasional consultation paper'.

• It contains:

• final rules (Appendix 1);

• updated Supervisory Statement (SS) 34/15 'Guidelines for completing regulatory reports' (Appendix 2); and

• updated SS32/15 'Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082, and PRA111' (Appendix 3).

• The rules and SSs also include updated templates and instructions. To assist the reader, a mapping table is included in Appendix 4, outlining templates and instructions contained in SS32/15 and in SS34/15. Specific changes to the RFB004 template are outlined in Appendix 5. The PRA received no responses to the consultation.

1.2 This PS is relevant to banks, building societies, PRA-designated investment firms, and dormant account fund operator(s).

Background

1.3 In CP16/18 the PRA proposed the following changes to PRA reporting requirements:

• discontinuation of Prudent Valuation Return PV001;