United Kingdom===Prudential Regulation Authority

The United Kingdom===Prudential Regulation Authority (PRA) will be led by Katharine Braddick as its new Chief Executive. The PRA's work on supervising banks, building societies, insurers, and investment firms will continue under her leadership, with an emphasis on supporting investment, lending, and innovation.

The United Kingdom===Prudential Regulation Authority (PRA) is a co-leader of the Scale-up Unit, demonstrating its commitment to fostering sustainable growth within the financial services sector. The PRA will engage directly with participating firms to provide tailored regulatory support and gain insights into the challenges faced by scaling institutions.

The United Kingdom===Prudential Regulation Authority has granted Revolut Bank UK Ltd approval to exit its mobilisation phase and launch as a fully licensed bank in the UK, after a successful mobilisation period.

The United Kingdom===Prudential Regulation Authority (PRA), a part of the United Kingdom===Bank of England, approved Revolut's full banking license after a thorough review of its risk controls. This decision allows Revolut to operate as a fully licensed bank in the UK.

The United Kingdom===Prudential Regulation Authority released a consultation paper on rule changes to accommodate United Kingdom===HM Treasury's Overseas Prudential Requirements Regime.