Prudential Regulation Authority sets October 2026 and June 2027 deadlines for firms’ resolvability assessment reports and disclosures

The Prudential Regulation Authority has updated its expected dates for firms covered by the Resolution Assessment Part of the PRA Rulebook to submit their next resolvability assessment report and to publish the related disclosure. Firms are expected to submit a report under Resolution Assessment 3.1 by the first Friday in October 2026 and to publish a disclosure under Resolution Assessment 4.1 by the second Friday in June 2027. The reporting and disclosure obligations sit alongside the Bank of England’s own assessment of these firms’ preparations for resolution, with the Bank’s public statement on resolvability intended to be read alongside firms’ disclosures. Consistent with Supervisory Statement 4/19, the PRA and the Bank of England will coordinate directly with firms ahead of the expected date to agree a suitable disclosure date, and the PRA may amend expected reporting and/or disclosure dates for individual firms on a case-by-case basis, including where acquisitions or mergers occur or where a firm comes into scope.