Strengthening accountability in banking and insurance

In October 2015, the PRA and the FCA consulted on a set of proposals for the provision of regulatory references, by current or former employers, in respect of individuals applying for certain roles at deposit-takers, insurers, and PRA-designated investment firms.

This policy statement (PS) provides feedback to the consultations and includes the corresponding rules that have been made by the PRA. It also includes the rules made by the FCA in respect of Swiss general insurers.