Version date: 12 December 2023 - onwards
Use of rounded thresholds (paras. 7.7-7.8)
7.7 One respondent requested the PRA use thresholds rounded to one significant figure rather than the proposed two significant figures. The PRA does not consider that this change would significantly decrease the complexity of the rules, and it would be inconsistent with the approach applied by the PRA to thresholds in other regulatory requirements. The PRA therefore considers that the proposed approach to rounding remains appropriate.
PRA objectives and 'have regards' analysis
7.8 The near-final rules are consistent with those in CP16/22 and, therefore, the PRA considers its analysis of its objectives and have regards in CP16/22 remains appropriate.