2.4 After considering the responses, the PRA has made changes to the draft policy. A summary of the changes is set out below:
- paragraphs 2.12A, 2.12E [This was originally numbered 2.12D in the consultation draft of SS7/18.], 2.21, 2.21A, 2.21B, 2.22 and 2.23A of SS7/18 have been amended or deleted to clarify the PRA's policy intent for assets with 'fixed' cash flows;
- paragraphs 2.55B and 2.57A of SS7/18 have been amended to clarify the PRA's policy intent for assets that have been internally restructured;
- paragraphs 4.10A, 4.10B, 8.4 and Appendix 1 of SS7/18 have been amended to address responses on the controls framework for assets with HP cash flows, including an increase in the thresholds for Matching Test 4 and 5 from 3% to 5%;
- paragraphs 4.1D, 5.20, 5.22A [This was originally numbered 5.22 in the consultation draft of SS7/18.], 5.23, 5.24, 5.24A, 5.24B, 5.24C [Paragraphs 5.24, 5.24A, 5.24B and 5.24C were originally numbered 5.24 in the consultation draft of SS7/18.] and 5.
…