The Prudential Regulation Authority's Secondary Competition Objective
10 Pages Posted: 18 Dec 2015
There are 2 versions of this paper
The Prudential Regulation Authority's Secondary Competition Objective
Bank of England Quarterly Bulletin 2015 Q4
Number of pages: 10
Posted: 18 Dec 2015
You are currently viewing this paper
Downloads
112
The Prudential Regulation Authority's Secondary Competition Objective
Bank of England Quarterly Bulletin 2015 Q4
Posted: 30 Oct 2018
Date Written: December 15, 2015
Abstract
The Prudential Regulation Authority’s (PRA’s) secondary competition objective requires the PRA to act, where possible, in a way that facilitates effective competition when making policies to advance its primary objectives of safety and soundness, and policyholder protection. This article explains the rationale for the objective, how the PRA interprets it, and what this means for the PRA’s regulation of banks and insurers.
Suggested Citation: Suggested Citation
Dickinson, Stephen and Humphry, David and Siciliani, Paolo and Straughan, Michael and Straughan, Michael and Grout, Paul A., The Prudential Regulation Authority's Secondary Competition Objective (December 15, 2015). Bank of England Quarterly Bulletin 2015 Q4, Available at SSRN: https://ssrn.com/abstract=2704847
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.