Which firms does the PRA regulate? (2024)

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  • Financial Services Register

The lists of banks and building societies that we regulate are updated monthly, the list of investment firms and credit unions is updated annually, and the list of insurers is updated quarterly. They are intended to be used as a guide only.We will reflect the status on future lists for those firms who have been affected by the UK withdrawal from the EU.

5 December 2019 To ensure consistency of how the information is displayed on this page, going forward the naming convention for various lists will be date stamped in the format “As at the day/month/year” it was published. Therefore the data for November will be titled 2 December 2019.

Banks we regulate

This list is based on the definition of 'bank' in the PRA Rulebook glossary.

Building societies we regulate

A building society is defined by theBuilding Societies Act 1986.

Ring-fenced bodies (RFBs)

From 1 January 2019, our general safety and soundness objective has been amended to reflect the aims of structural reform (also referred to as ring-fencing). The list – which will be published annually – sets out the UK banking groups included entities which were ring-fenced bodies (RFB) pursuant to section 142A of the Financial Services and Markets Act 2000 (FSMA) (as amended), and includes the individual RFBs within each group.

Exercising certain functions under the Building Societies Act 1986

On 2 April 2015, we publishedSS19/15 ‘Exercising certain functions under the Building Societies Act 1986’and referred to the forms available below.

Insurers operating in the United Kingdom

These lists set out the UK-authorised insurers, Gibraltar-authorised insurers and the insurers incorporated in the European Economic Area (EEA) with deemed Part 4A permission in Supervision Run-Off (SRO). We update these lists four times a year.

Decision by the Prudential Regulation Authority on the Application of Liverpool Victoria Friendly Society to convert to Liverpool Victoria Financial.

• Friendly Society conversion decision(pdf) Opens in a new window Opens in a new window

Decision by the Prudential Regulation Authority on the Application of Police Mutual Assurance Society Limited to transfer all of its engagements to The Royal London Mutual Insurance Society Limited.

• Police Mutual Assurance Society transfer of engagements decision(pdf) Opens in a new window Opens in a new window

Decision by the Prudential Regulation Authority on the Application of Civil Service Healthcare Society Limited to transfer its insurance policies and related engagements to Bupa Insurance Limited and to transfer its operating assets and liabilities to Bupa Insurance Services Limited.

• Application of Civil Service Healthcare Society Limited decision(pdf) Opens in a new window

Decision by the Prudential Regulation Authority on the Application of Kingston Unity Friendly Society to transfer its engagements to the Independent Order of Oddfellows Manchester Unity Friendly Society Limited.

• Kingston Unity Friendly Society transfer of engagements decision(pdf)

Investment firms we regulate

A PRA-designated investment is a firm that, broadly speaking, meets the following conditions:

• It has, or has applied for, permission to deal in investments as principal
• It has (or would have if it was authorised) a minimum capital of €730,000, or is broadly analogous to a European Economic Area (EEA) passporting firm or non-EEA firm
• It qualifies under our criteria for designated investment firms.

Firms that appear on this list do not hold permission to take deposits. Deposit takers with similar business models to the firms in this list appear in the list of banks we regulate.

Investment firms that do not appear on either of these lists are regulated by the Financial Conduct Authority.

Decision by the Prudential Regulation Authority to designate Société Générale International Ltd as an investment firm effective 30 September 2024.

• Société Générale International Ltd designation as investment firm decision (pdf)

Credit unions we regulate

This list is based on the definition of 'Credit Union' in the Credit Unions Act 1979.

Parent Financial Holding Companies/Parent Mixed Financial Holding Companies we have approved

This list is based on the definitions of ‘UK Parent Financial Holding Company’ and ‘UK Parent Mixed Financial Holding Company’ in the PRA Rulebook Glossary (UK parent financial holding company) / PRA Rulebook Glossary (mixed financial holding company).

Standing data

Standing Data are basic information we hold about your firm and publish on the Financial Services Register. You can keep it up to date online using Connect. Firm details displayed on the Financial Services Registerincludes your firm's registered name, trading name(s) and address details. For information, see the Standing Data formwhich details information to be completed on Connect. You should regularly check the information we hold about your firm, as you are responsible for making sure it is current and correct.