LIAC02/25 – Low Impact Amendments Consultation October 2025

The PRA has published LIAC02/25, a consultation on proposed low impact amendments to rules and policy.
Published on 16 October 2025

In LIAC02/25, the PRA is consulting on a set of low impact amendments to rules and policy. The proposals include:

  • Conditional disapplication of the PRA General Provisions to give effect to the deference arrangements under the UK Swiss-Berne Financial Services Agreement.
  • An amendment to the Transitional Measure on Technical Provisions Part of the PRA Rulebook, TMTP Calculation, Rule 5.2.
  • An amendment to the Insurance Special Purpose Vehicle (ISPV) Part of the PRA Rulebook, Solvency Requirements, Rule 2.2A(3).
  • A collection of miscellaneous amendments to the PRA Rulebook.

The consultation closes on 13 November 2025.

More information about the proposals and how to respond to the consultation is available on the Low Impact Amendments Process page.