Ential Regulation Authority (PRA) is part of the Bank of England and oversees the financial stability and soundness of UK financial institutions, such as banks, insurers, and major investment firms. Its key objectives are: Safety and Soundness: Ensuring firms have adequate capital, liquidity, and risk management to withstand financial shocks. Financial Stability: Supporting the pr... https://cifa.ac/home/bundle/Introduction-to-the-FCAPRA-Investment-Risks/8