The activities in this pathway look at the type of firms regulated by the Prudential Regulation Authority (PRA), how the PRA regulates them, how the Senior Managers and Certification Regime fits in with what the PRA does and who the PRA works with to achieve its objectives.
This course is suitable for all audiences.
By the end of the training, the learner will be able to:
- outline the PRAs statutory objectives,
- recognise the importance of its role within the UKs financial services industry,
- list the PRAs three approaches to supervision,
- comprehend how using the risk assessment framework supports it,
- identify how the PRA assesses the riskiness of each firm by using the Proactive Intervention Framework,
- recognise how the Senior Managers and Certification Regime fits in with what the PRA does,
- appreciate the extent to which the PRA works with other organisations to achieve mutual objectives.
