Being better informed: October 2024

September was a busy month for the regulators, as they advanced a number of policy initiatives, and progressed various supervisory work. 

The PRA published a policy statement setting out the final UK rules to implement Basel 3.1, and a consultation setting out proposals to simplify the capital regime for Small Domestic Deposit Takers. 

Elsewhere, the FCA published the findings of its review into payment account access and closures. The regulator calls on banks, building societies and payment firms to improve customers’ access to payment accounts, in particular Basic Bank Accounts

Download this edition of Being better informed for a comprehensive summary of all regulatory updates from the past month.