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CSM® | CSPO® | ORM® | CISI IOC-3® | Talks about Business analysis, project management, Agile, Investment Banking & Regulatory framework.

The Prudential Regulation Authority (PRA) (Overview) It is a part of the Bank of England and serves as the prudential regulator for banks, building societies, credit unions, insurers, and major investment firms in the United Kingdom. (Prime Purpose) Its primary role is to ensure the safety and soundness of the financial institutions it regulates, thereby contributing to the stability of the UK financial system (Key Functions of the PRA) *Supervision and Regulation *Risk Assessment *Policy Development *Enforcement *Crisis Management ( Why PRA ? ) The PRA plays a critical role in crisis management and resolution planning for financial institutions that are in distress. It works to ensure that any failure of a financial institution can be managed in an orderly way, minimizing the impact on the financial system and the economy 85/100 #pra #regulatoryreporting #riskmanagement #LIPostingChallengeIndia

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