2.149 One respondent to CP4/23 suggested a small number of minor clarificatory drafting changes to the draft rules proposed in the CP, intended to improve the clarity of the rules, and reduce legal ambiguity, but not to amend the substance of the provision.

2.150 The PRA has considered the suggested changes and has made minor drafting changes to the rules in response.

2.151 On 10 August 2022, the Chief Executive of the PRA received a letter from the Chair of the Treasury Sub-Committee (TSC) on Financial Services Regulations, which included questions about the proposals in CP5/22. On 4 May 2023, the Chief Executive of the PRA received a letter from the Chair of the TSC on Financial Services Regulations about CP4/23 (as well as CP5/23). Sam Woods replied to these letters on 31 August 2022 and 18 May 2023 respectively.