TY - JOUR
T1 - The Prudential Regulation Authority's Secondary Competition Objective
AU - Dickinson, Stephen
AU - Humphry, David
AU - Siciliani, Paolo
AU - Straughan, Michael
AU - Grout, Paul
PY - 2015/12/15
Y1 - 2015/12/15
N2 - • 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.
AB - • 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.
M3 - Article (Academic Journal)
VL - 55
SP - 334
EP - 343
JO - Bank of England Quarterly Bulletin
JF - Bank of England Quarterly Bulletin
SN - 0005-5166
IS - 4
ER -