PRA needs staff, ‘mindset change’ to implement competitiveness objective
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

PRA needs staff, ‘mindset change’ to implement competitiveness objective

Abbie Day
07 March 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
PRA prudential reg.jpg

The Prudential Regulation Authority (PRA) has told MPs of a hiring spree at the watchdog as it gears up to implement a new competitiveness objective, emphasising the “mindset change” required to execute regulatory reforms.

If the UK government imposes the secondary competitiveness objective as expected, all PRA staff will need to understand that Parliament has changed what the regulator is meant to do and embrace it, according to Sam Woods, deputy governor for...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News PRA Regulation
abbie wood/Abbie wood II red.png
Abbie Day
Reporter
Contact
Gift this article