UK Finance response to CP7-24 simplified SDDT capital regime

UK Finance has responded to the PRA’s consultation on a simpler capital regime for Small Domestic Deposit Takers.

We strongly supported its plans to introduce a more proportionate capital regime for smaller firms but encouraged the PRA to reconsider the calibration of the new Single Capital Buffer and the way in which operational risk capital requirements will be set.

Area of expertise:
Prudential risk, reporting and tax
UK Finance response to CP7-24 simplified SDDT capital regime

12.12.24

Consultation Responses

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