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Supervising building societies’ treasury and lending activities

Supervisory Statement 20/15

First published on 2 April 2015

This supervisory statement sets out the approach and expectations of the Prudential Regulation Authority (PRA) to its supervision of building societies’ treasury and lending activities. This statement complements the requirements of the Building Societies Act 1986. This supervisory statement is aimed at all building societies.

This SS is currently being consulted on to be deleted in its entirety as part of CP11/25 – Discontinuing SS20/15: Supervising building societies’ treasury and lending activities

Current version

Published on 28 December 2020. Effective from 1 January 2021.

Supervisory Statement 20/15 – December 2020 (pdf) Opens in a new window

- following PS29/20 ‘Capital Requirements Directive V (CRD V)’

List of past versions

Published on 27 July 2020. Effective from 27 July 2020 (superseded on 1 January 2021 by December 2020 version).
- Supervisory Statement 20/15 – July 2020 (pdf) Opens in a new window
- following PS18/20 ‘Asset encumbrance’.

Published on 24 February 2020. Effective from 24 February 2020 (superseded on 27 July 2020 by July 2020 version).
- Supervisory Statement 20/15 – February 2020 (pdf) Opens in a new window
- following PS3/20 ‘Responses to Occasional Consultation Paper 25/19 – Chapters 2 and 3’.

Published on 23 January 2017. Effective from 23 January 2017 (superseded on 24 February 2020 by February 2020 version).
- Supervisory Statement 20/15 – January 2017 (pdf) Opens in a new window
- following PS34/16 ‘Supervising building societies’ treasury and lending activities’.

Published on 1 December 2016. Effective from 1 January 2017 (superseded on 23 January 2017 by January 2017 version).
- Supervisory Statement 20/15 – December 2016 (pdf) Opens in a new window
- following PS34/16 ‘Supervising building societies’ treasury and lending activities’. See Appendix 7 for full details.

Published on 2 April 2015. Effective from 2 April 2015 (superseded on 1 January 2017 by December 2016 version).
- Supervisory Statement 20/15 – April 2015 (pdf) Opens in a new window
- following PS7/15 ‘The PRA Rulebook: Part 2’.

First publication of SS.

Prudential Regulation // Policy statement

Prudential Regulation // Consultation paper

Prudential Regulation // Policy statement

Prudential Regulation // Consultation paper