1.1 This Prudential Regulation Authority (PRA) policy statement (PS) provides feedback to responses to consultation paper (CP) 12/22 - Risks from contingent leverage. It also contains the PRA’s final policy, as follows:

- updated supervisory statement (SS) 31/15 - ‘The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP)’ (Appendix 1);

- amendments to the Reporting (CRR) Part of the PRA Rulebook (Appendix 2) ;

- introduction of reporting templates LV49-52 (Appendix 3) ;

- updated ‘Instructions for reporting on leverage’ (Appendix 4) ; and

- updated SS45/15 - ‘The UK leverage ratio framework’ (Appendix 5), to add LV49-52 to the list of leverage reporting templates.