Update 13 June 2019: PS5/19 was corrected to reflect that Annex BF to The PRA Rulebook: (EU Exit) Instrument 2019 does not come into force on 1 July 2019 but instead comes into force on ‘exit day’, as set out in Appendix 2A: PRA RULEBOOK: EU EXIT (AMENDMENT) INSTRUMENT 2019 published 13 June 2019.
Update 13 June 2019: PS5/19 was updated to add Appendix B.2A which makes a small amendment to the PRA Rulebook: (EU Exit) Instrument 2019 in Appendix B.2. The updated PS, and the April 2019 version are available below. The list of appendices has been updated accordingly.
Published on 18 April 2019, updated on 13 June 2019
Bank of England Policy Statement
PRA Policy Statement 5/19
This policy statement (PS) provides feedback to responses and sets out the Bank and PRA’s near-final policy following:
- Bank of England Consultation Paper (CP), PRA CP25/18 ‘The Bank of England’s approach to amending financial services legislation under the European Union (Withdrawal) Act 2018
- PRA CP26/18 ‘UK withdrawal from the EU: Changes to PRA Rulebook and onshored Binding Technical Standards
- Bank of England CP ‘UK withdrawal from the EU: Changes to FMI rules and onshored Binding Technical Standards
- Bank of England CP ‘UK Withdrawal from the EU: The Bank of England’s approach to resolution Statements of Policy and onshored Binding Technical Standards
- Bank of England CP, PRA CP32/18 ‘UK withdrawal from the EU: Further changes to 'PRA Rulebook and Binding Technical Standards' and 'Resolution Binding Technical Standards'
Note: For materials included in the Section A Appendices of the 28 February 2019 version of PS5/19, please see ‘Transitioning to post-exit rules and standards as at 16 April 2019’.