First published on 29 July 2015
This supervisory statement is of interest to banks, building societies and Prudential Regulation Authority (PRA)-designated investment firms. It sets out the PRA’s expectations of firms and provides further clarity on Pillar 2 data reporting.
This supervisory statement should be read alongside Policy Statement 3/16, which includes the Reporting Pillar 2 Part of the PRA Rulebook, and Statement of Policy – The PRA’s methodologies for setting Pillar 2 capital.
The reader is also referred to the appendices:
- Appendix 1: Guidance on terms used in data items FSA071 to FSA082.
- Appendix 2: Pillar 2 Reporting schedule.
- Appendix 3: Instructions for completing data items FSA071 to FSA082 – effective from 5 February 2016.
The materials contained in the appendices are also available on the Regulatory reporting - banking sector page.