The Prudential Regulation Authority has published LIAF02/25, finalising a package of low impact amendments to the PRA Rulebook, including changes consulted on under LIAC01/25 and a small number of technical updates made without further consultation. The finalised changes include an amendment to the definition of “parent undertaking” in the Solvency II Firms Sector of the Rulebook and an amendment to the Internal Capital Adequacy Assessment (ICAA) Part. Separate amendments implemented without further consultation comprise a typographical correction to the External Audit Part (Application and Definitions, Rule 1.3) and an updated cross reference in the Securitisation Part (Securitisation General Principles, Rule 2, Article 7).
Prudential Regulation Authority 2025-10-16
UK Prudential Regulation Authority publishes final low impact rule amendments to Solvency II and internal capital adequacy rules
The Prudential Regulation Authority issued LIAF02/25, finalizing minor amendments to the PRA Rulebook, including changes from LIAC01/25 and technical updates made without further consultation. Key updates involve the definition of "parent undertaking" in the Solvency II Firms Sector and the Internal Capital Adequacy Assessment Part. Additional amendments include a typographical correction in the External Audit Part and an updated cross-reference in the Securitisation Part.