Regulation In 2011 the bank's Prudential Regulation Authority was established to regulate and supervise all major banks, building societies, credit unions, insurers and investment firms in the UK ('microprudential regulation'). The bank also has a statutory supervisory role in relation to financial market infrastructures.
regulation in 2011 the bank's prudential regulation authority was established to regulate and supervise all major banks building societies credit unions insurers and investment firms in the uk ('microprudential regulation') the bank also has a statutory supervisory role in relation to financial market infrastructures