How can UK insurers achieve automated compliance with all PS 15/25 (CP 19/24)* Liquidity Reporting requirements. Discover the software already available today.
The UK Regulator, the Prudential Regulation Authority (PRA), part of the Bank of England (BoE), has issued a new reporting framework for major UK life insurers with significant exposure to derivatives or securities financing transactions (SFTs). This means some of the UK's biggest insurers will soon be subject to new regulatory reporting requirements. The regulation proposes new liquidity reporting templates to address gaps in timely and consistent data collection. These templates will require monthly, quarterly, and annual submissions, with provisions for daily reporting during periods of elevated stress.
Download the brochure and watch a demo to find out more about CCH Tagetik for Liquidity Reporting compliance for UK insurers:
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*We closely monitor the evolving consultation and regulation; this will be revised when the official policy statement and related PRA Taxonomy will be published.
