CP23/23 – Identification and management of step-in risk, shadow banking entities and groups of connected clients

Published date: 5 December 2023

Closed

5 March 2024

	Privacy statement
	1: Overview
	Proposed changes to policy material
	Background and overview of proposals
	Scope and accountability framework
	Implementation
	Responses and next steps
	2: Step in risk
	Background
	Scope and level of application
	PRA objective analysis
	Cost benefit analysis (CBA)
	'Have regards' analysis
	Equality and diversity
	3: Shadow banking entities
	PRA objective analysis
	'Have regards' analysis
	Impact on mutuals
	Equality and diversity
	4: Groups of connected clients
	PRA objective analysis
	Cost benefit analysis
	'Have regards' analysis
	Impact on mutuals
	Equality and diversity
	Appendices
	Appendix 1: PRA Rulebook: CRR Firms: Step-in Risk Instrument
	Appendix 2: Draft supervisory statement - Step-in Risk
	Appendix 3: Draft Template for reporting the Step-in Assessment
	Appendix 4: Step-in risk assessment: reporting instructions
	Appendix 5: PRA Rulebook: CRR Firms: Large Exposures (CRR) Instrument [2024]
	Appendix 6: Draft supervisory statement - Identifying, monitoring, and managing exposures to shadow banking entities
	Appendix 7: Draft supervisory statement - Identification of groups of connected clients for large exposures purposes

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