1.30 This policy will come into effect on Friday 31st December 2024 for triennial, annual, semi-annual and quarterly requirements with a reporting or disclosure reference date as of 31 December 2024 and onwards. By exception, the requirement to submit the RSR ceased on 31 December 2023 following the publication by HMT of the Insurance and Reinsurance Undertakings (Prudential Requirements) (Risk Margin) Regulations 2023. The PRA's additional public statement on reporting also set out its appetite to stop receiving certain QRTs from 31 December 2023. These early reform measures are further explained in sections 2.20 and 2.21 of this PS respectively. The PRA will align any existing reporting waivers or modifications by consent that remain in effect from 31 December 2024 with the equivalent references set out in the final rule instrument.
1.31 The PRA will publish a final taxonomy shortly after the publication of this PS reflecting the near final policy set out in this PS. This Bank of Eng
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