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PRA Supervisory Statement 3115 is needed by financial institutions regulated by the Prudential Regulation Authority (PRA) in the United Kingdom. This includes banks, building societies, credit unions, and insurance companies that fall under the PRA's regulatory oversight.
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PRA Supervisory Statement 3115 is a regulatory document issued by the Prudential Regulatory Authority (PRA) in the UK.
Financial institutions and regulated firms are required to file PRA Supervisory Statement 3115.
PRA Supervisory Statement 3115 must be filled out online through the PRA's regulatory reporting system.
The purpose of PRA Supervisory Statement 3115 is to ensure that financial institutions maintain adequate levels of capital and liquidity to withstand financial shocks.
PRA Supervisory Statement 3115 requires reporting on capital adequacy, liquidity risk management, and stress testing.
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